Envista Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Envista Holdings has a total shareholder equity of $4.2B and total debt of $1.5B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are $6.6B and $2.4B respectively. Envista Holdings's EBIT is $327.4M making its interest coverage ratio 5.2. It has cash and short-term investments of $940.0M.
Key information
36.3%
Debt to equity ratio
US$1.51b
Debt
Interest coverage ratio | 5.2x |
Cash | US$940.00m |
Equity | US$4.17b |
Total liabilities | US$2.43b |
Total assets | US$6.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HV's short term assets ($1.7B) exceed its short term liabilities ($780.8M).
Long Term Liabilities: 0HV's short term assets ($1.7B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: 0HV's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: 0HV's debt to equity ratio has increased from 0% to 36.3% over the past 5 years.
Debt Coverage: 0HV's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 0HV's interest payments on its debt are well covered by EBIT (5.2x coverage).