Coherent Balance Sheet Health
Financial Health criteria checks 2/6
Coherent has a total shareholder equity of $7.9B and total debt of $4.1B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are $14.5B and $6.5B respectively. Coherent's EBIT is $123.2M making its interest coverage ratio 0.4. It has cash and short-term investments of $926.0M.
Key information
51.6%
Debt to equity ratio
US$4.10b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$926.03m |
| Equity | US$7.95b |
| Total liabilities | US$6.54b |
| Total assets | US$14.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H7B's short term assets ($3.7B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: H7B's short term assets ($3.7B) do not cover its long term liabilities ($5.2B).
Debt to Equity History and Analysis
Debt Level: H7B's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: H7B's debt to equity ratio has increased from 41.2% to 51.6% over the past 5 years.
Debt Coverage: H7B's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: H7B's interest payments on its debt are not well covered by EBIT (0.4x coverage).