Bausch + Lomb Balance Sheet Health
Financial Health criteria checks 2/6
Bausch + Lomb has a total shareholder equity of $6.6B and total debt of $4.6B, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are $13.3B and $6.7B respectively. Bausch + Lomb's EBIT is $189.0M making its interest coverage ratio 0.5. It has cash and short-term investments of $285.0M.
Key information
70.4%
Debt to equity ratio
US$4.63b
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$285.00m |
| Equity | US$6.58b |
| Total liabilities | US$6.67b |
| Total assets | US$13.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2L's short term assets ($2.8B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: S2L's short term assets ($2.8B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: S2L's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: Insufficient data to determine if S2L's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: S2L has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if S2L has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.