Teleflex Balance Sheet Health
Financial Health criteria checks 5/6
Teleflex has a total shareholder equity of $4.5B and total debt of $1.8B, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are $7.5B and $3.0B respectively. Teleflex's EBIT is $380.7M making its interest coverage ratio 5. It has cash and short-term investments of $256.3M.
Key information
39.8%
Debt to equity ratio
US$1.79b
Debt
Interest coverage ratio | 5x |
Cash | US$256.30m |
Equity | US$4.50b |
Total liabilities | US$2.97b |
Total assets | US$7.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBH's short term assets ($1.4B) exceed its short term liabilities ($571.0M).
Long Term Liabilities: TBH's short term assets ($1.4B) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: TBH's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: TBH's debt to equity ratio has reduced from 84.2% to 39.8% over the past 5 years.
Debt Coverage: TBH's debt is well covered by operating cash flow (30%).
Interest Coverage: TBH's interest payments on its debt are well covered by EBIT (5x coverage).