Illumina Balance Sheet Health
Financial Health criteria checks 4/6
Illumina has a total shareholder equity of $5.7B and total debt of $1.5B, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are $10.1B and $4.4B respectively.
Key information
25.9%
Debt to equity ratio
US$1.49b
Debt
Interest coverage ratio | n/a |
Cash | US$1.05b |
Equity | US$5.75b |
Total liabilities | US$4.37b |
Total assets | US$10.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ILU's short term assets ($2.6B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: ILU's short term assets ($2.6B) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: ILU's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: ILU's debt to equity ratio has reduced from 44.2% to 25.9% over the past 5 years.
Debt Coverage: ILU's debt is well covered by operating cash flow (32.1%).
Interest Coverage: Insufficient data to determine if ILU's interest payments on its debt are well covered by EBIT.