Embecta Balance Sheet Health
Financial Health criteria checks 0/6
Embecta has a total shareholder equity of $-763.7M and total debt of $1.6B, which brings its debt-to-equity ratio to -209.5%. Its total assets and total liabilities are $1.3B and $2.0B respectively. Embecta's EBIT is $194.4M making its interest coverage ratio 1.8. It has cash and short-term investments of $275.1M.
Key information
-209.5%
Debt to equity ratio
US$1.60b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$275.10m |
| Equity | -US$763.70m |
| Total liabilities | US$2.03b |
| Total assets | US$1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JX7 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: JX7 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: JX7 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: JX7's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: JX7's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: JX7's interest payments on its debt are not well covered by EBIT (1.8x coverage).