Resideo Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Resideo Technologies has a total shareholder equity of $2.7B and total debt of $1.4B, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are $6.6B and $3.9B respectively. Resideo Technologies's EBIT is $598.0M making its interest coverage ratio 9.2. It has cash and short-term investments of $656.0M.
Key information
51.2%
Debt to equity ratio
US$1.41b
Debt
Interest coverage ratio | 9.2x |
Cash | US$656.00m |
Equity | US$2.75b |
Total liabilities | US$3.90b |
Total assets | US$6.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REZI *'s short term assets ($2.7B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: REZI *'s short term assets ($2.7B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: REZI *'s net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: REZI *'s debt to equity ratio has reduced from 78.3% to 51.2% over the past 5 years.
Debt Coverage: REZI *'s debt is well covered by operating cash flow (31.3%).
Interest Coverage: REZI *'s interest payments on its debt are well covered by EBIT (9.2x coverage).