GE HealthCare Technologies Balance Sheet Health
Financial Health criteria checks 3/6
GE HealthCare Technologies has a total shareholder equity of $8.0B and total debt of $9.2B, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are $31.9B and $23.9B respectively. GE HealthCare Technologies's EBIT is $2.9B making its interest coverage ratio 5.6. It has cash and short-term investments of $2.0B.
Key information
115.6%
Debt to equity ratio
US$9.24b
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$2.00b |
| Equity | US$7.99b |
| Total liabilities | US$23.86b |
| Total assets | US$31.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEHC's short term assets ($8.8B) exceed its short term liabilities ($8.3B).
Long Term Liabilities: GEHC's short term assets ($8.8B) do not cover its long term liabilities ($15.5B).
Debt to Equity History and Analysis
Debt Level: GEHC's net debt to equity ratio (90.6%) is considered high.
Reducing Debt: Insufficient data to determine if GEHC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GEHC's debt is well covered by operating cash flow (21.6%).
Interest Coverage: GEHC's interest payments on its debt are well covered by EBIT (5.6x coverage).