STAAR Surgical Balance Sheet Health
Financial Health criteria checks 6/6
STAAR Surgical has a total shareholder equity of $386.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $488.7M and $102.7M respectively. STAAR Surgical's EBIT is $29.7M making its interest coverage ratio -4.3. It has cash and short-term investments of $220.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -4.3x |
Cash | US$220.73m |
Equity | US$385.95m |
Total liabilities | US$102.74m |
Total assets | US$488.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SR3's short term assets ($365.3M) exceed its short term liabilities ($65.0M).
Long Term Liabilities: SR3's short term assets ($365.3M) exceed its long term liabilities ($37.7M).
Debt to Equity History and Analysis
Debt Level: SR3 is debt free.
Reducing Debt: SR3 has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
Debt Coverage: SR3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SR3 has no debt, therefore coverage of interest payments is not a concern.