Stryker Balance Sheet Health
Financial Health criteria checks 3/6
Stryker has a total shareholder equity of $16.5B and total debt of $12.8B, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are $36.0B and $19.5B respectively. Stryker's EBIT is $3.5B making its interest coverage ratio 13.5. It has cash and short-term investments of $1.5B.
Key information
77.5%
Debt to equity ratio
US$12.76b
Debt
Interest coverage ratio | 13.5x |
Cash | US$1.50b |
Equity | US$16.46b |
Total liabilities | US$19.52b |
Total assets | US$35.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYK's short term assets ($9.3B) exceed its short term liabilities ($4.6B).
Long Term Liabilities: SYK's short term assets ($9.3B) do not cover its long term liabilities ($14.9B).
Debt to Equity History and Analysis
Debt Level: SYK's net debt to equity ratio (68.4%) is considered high.
Reducing Debt: SYK's debt to equity ratio has increased from 69.3% to 77.5% over the past 5 years.
Debt Coverage: SYK's debt is well covered by operating cash flow (20.5%).
Interest Coverage: SYK's interest payments on its debt are well covered by EBIT (13.5x coverage).