Masimo Balance Sheet Health
Financial Health criteria checks 4/6
Masimo has a total shareholder equity of $1.4B and total debt of $906.0M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are $3.0B and $1.7B respectively. Masimo's EBIT is $146.7M making its interest coverage ratio 3.1. It has cash and short-term investments of $163.0M.
Key information
66.4%
Debt to equity ratio
US$906.00m
Debt
Interest coverage ratio | 3.1x |
Cash | US$163.00m |
Equity | US$1.36b |
Total liabilities | US$1.68b |
Total assets | US$3.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JZ2's short term assets ($1.2B) exceed its short term liabilities ($563.8M).
Long Term Liabilities: 0JZ2's short term assets ($1.2B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: 0JZ2's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: 0JZ2 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 0JZ2's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: 0JZ2's interest payments on its debt are well covered by EBIT (3.1x coverage).