Bausch + Lomb Balance Sheet Health
Financial Health criteria checks 1/6
Bausch + Lomb has a total shareholder equity of $6.9B and total debt of $4.6B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are $13.4B and $6.5B respectively. Bausch + Lomb's EBIT is $204.0M making its interest coverage ratio 0.8. It has cash and short-term investments of $331.0M.
Key information
65.9%
Debt to equity ratio
US$4.56b
Debt
Interest coverage ratio | 0.8x |
Cash | US$331.00m |
Equity | US$6.92b |
Total liabilities | US$6.52b |
Total assets | US$13.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLCO's short term assets ($2.7B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: BLCO's short term assets ($2.7B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: BLCO's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: Insufficient data to determine if BLCO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BLCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BLCO's interest payments on its debt are not well covered by EBIT (0.8x coverage).