Embecta Balance Sheet Health
Financial Health criteria checks 0/6
Embecta has a total shareholder equity of $-809.4M and total debt of $1.6B, which brings its debt-to-equity ratio to -198.2%. Its total assets and total liabilities are $1.3B and $2.1B respectively. Embecta's EBIT is $289.2M making its interest coverage ratio 2.9. It has cash and short-term investments of $317.4M.
Key information
-198.2%
Debt to equity ratio
US$1.60b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$317.40m |
| Equity | -US$809.40m |
| Total liabilities | US$2.06b |
| Total assets | US$1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMBC * has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EMBC * has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: EMBC * has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EMBC *'s has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EMBC *'s debt is not well covered by operating cash flow (6%).
Interest Coverage: EMBC *'s interest payments on its debt are not well covered by EBIT (2.9x coverage).