Becton Dickinson Balance Sheet Health
Financial Health criteria checks 4/6
Becton Dickinson has a total shareholder equity of $25.6B and total debt of $18.0B, which brings its debt-to-equity ratio to 70.2%. Its total assets and total liabilities are $54.2B and $28.5B respectively. Becton Dickinson's EBIT is $2.8B making its interest coverage ratio 7.4. It has cash and short-term investments of $3.2B.
Key information
70.2%
Debt to equity ratio
US$18.01b
Debt
Interest coverage ratio | 7.4x |
Cash | US$3.18b |
Equity | US$25.65b |
Total liabilities | US$28.51b |
Total assets | US$54.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDX *'s short term assets ($10.3B) exceed its short term liabilities ($7.3B).
Long Term Liabilities: BDX *'s short term assets ($10.3B) do not cover its long term liabilities ($21.2B).
Debt to Equity History and Analysis
Debt Level: BDX *'s net debt to equity ratio (57.8%) is considered high.
Reducing Debt: BDX *'s debt to equity ratio has reduced from 96.7% to 70.2% over the past 5 years.
Debt Coverage: BDX *'s debt is well covered by operating cash flow (20.9%).
Interest Coverage: BDX *'s interest payments on its debt are well covered by EBIT (7.4x coverage).