Danaher Balance Sheet Health
Financial Health criteria checks 4/6
Danaher has a total shareholder equity of $53.4B and total debt of $18.2B, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are $83.4B and $30.0B respectively. Danaher's EBIT is $5.2B making its interest coverage ratio -173.3. It has cash and short-term investments of $7.0B.
Key information
34.0%
Debt to equity ratio
US$18.16b
Debt
Interest coverage ratio | -173.3x |
Cash | US$7.03b |
Equity | US$53.45b |
Total liabilities | US$29.96b |
Total assets | US$83.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAP's short term assets ($14.4B) exceed its short term liabilities ($7.8B).
Long Term Liabilities: DAP's short term assets ($14.4B) do not cover its long term liabilities ($22.2B).
Debt to Equity History and Analysis
Debt Level: DAP's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: DAP's debt to equity ratio has increased from 30.1% to 34% over the past 5 years.
Debt Coverage: DAP's debt is well covered by operating cash flow (38.3%).
Interest Coverage: DAP earns more interest than it pays, so coverage of interest payments is not a concern.