GE HealthCare Technologies Balance Sheet Health
Financial Health criteria checks 3/6
GE HealthCare Technologies has a total shareholder equity of $7.6B and total debt of $9.3B, which brings its debt-to-equity ratio to 121.8%. Its total assets and total liabilities are $32.2B and $24.6B respectively. GE HealthCare Technologies's EBIT is $2.9B making its interest coverage ratio 5.5. It has cash and short-term investments of $2.6B.
Key information
121.8%
Debt to equity ratio
US$9.26b
Debt
Interest coverage ratio | 5.5x |
Cash | US$2.55b |
Equity | US$7.60b |
Total liabilities | US$24.61b |
Total assets | US$32.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEHC *'s short term assets ($9.4B) exceed its short term liabilities ($8.9B).
Long Term Liabilities: GEHC *'s short term assets ($9.4B) do not cover its long term liabilities ($15.8B).
Debt to Equity History and Analysis
Debt Level: GEHC *'s net debt to equity ratio (88.2%) is considered high.
Reducing Debt: Insufficient data to determine if GEHC *'s debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GEHC *'s debt is well covered by operating cash flow (22.2%).
Interest Coverage: GEHC *'s interest payments on its debt are well covered by EBIT (5.5x coverage).