Bausch + Lomb Balance Sheet Health
Financial Health criteria checks 1/6
Bausch + Lomb has a total shareholder equity of $6.7B and total debt of $4.6B, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are $13.3B and $6.6B respectively. Bausch + Lomb's EBIT is $212.0M making its interest coverage ratio 0.7. It has cash and short-term investments of $315.0M.
Key information
68.1%
Debt to equity ratio
US$4.58b
Debt
Interest coverage ratio | 0.7x |
Cash | US$315.00m |
Equity | US$6.73b |
Total liabilities | US$6.56b |
Total assets | US$13.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2L's short term assets ($2.7B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: S2L's short term assets ($2.7B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: S2L's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: Insufficient data to determine if S2L's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: S2L's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: S2L's interest payments on its debt are not well covered by EBIT (0.7x coverage).