Danaher Balance Sheet Health
Financial Health criteria checks 5/6
Danaher has a total shareholder equity of $51.3B and total debt of $17.5B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are $80.6B and $29.3B respectively. Danaher's EBIT is $5.2B making its interest coverage ratio 63.4. It has cash and short-term investments of $2.6B.
Key information
34.2%
Debt to equity ratio
US$17.52b
Debt
| Interest coverage ratio | 63.4x |
| Cash | US$2.63b |
| Equity | US$51.31b |
| Total liabilities | US$29.31b |
| Total assets | US$80.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAPD's short term assets ($10.1B) exceed its short term liabilities ($7.3B).
Long Term Liabilities: DAPD's short term assets ($10.1B) do not cover its long term liabilities ($22.0B).
Debt to Equity History and Analysis
Debt Level: DAPD's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: DAPD's debt to equity ratio has reduced from 53.2% to 34.2% over the past 5 years.
Debt Coverage: DAPD's debt is well covered by operating cash flow (35.9%).
Interest Coverage: DAPD's interest payments on its debt are well covered by EBIT (63.4x coverage).