Coherent Balance Sheet Health
Financial Health criteria checks 1/6
Coherent has a total shareholder equity of $8.1B and total debt of $4.2B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are $14.7B and $6.5B respectively. Coherent's EBIT is $351.3M making its interest coverage ratio 1.2. It has cash and short-term investments of $877.3M.
Key information
51.7%
Debt to equity ratio
US$4.21b
Debt
Interest coverage ratio | 1.2x |
Cash | US$877.26m |
Equity | US$8.15b |
Total liabilities | US$6.52b |
Total assets | US$14.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LHO's short term assets ($3.4B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: 0LHO's short term assets ($3.4B) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: 0LHO's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: 0LHO's debt to equity ratio has increased from 44.8% to 51.7% over the past 5 years.
Debt Coverage: 0LHO's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: 0LHO's interest payments on its debt are not well covered by EBIT (1.2x coverage).