Shockwave Medical Balance Sheet Health
Financial Health criteria checks 5/6
Shockwave Medical has a total shareholder equity of $601.2M and total debt of $730.9M, which brings its debt-to-equity ratio to 121.6%. Its total assets and total liabilities are $1.5B and $872.7M respectively. Shockwave Medical's EBIT is $163.8M making its interest coverage ratio 33.3. It has cash and short-term investments of $917.3M.
Key information
121.6%
Debt to equity ratio
US$730.93m
Debt
| Interest coverage ratio | 33.3x |
| Cash | US$917.33m |
| Equity | US$601.25m |
| Total liabilities | US$872.71m |
| Total assets | US$1.47b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWAV *'s short term assets ($1.1B) exceed its short term liabilities ($78.2M).
Long Term Liabilities: SWAV *'s short term assets ($1.1B) exceed its long term liabilities ($794.5M).
Debt to Equity History and Analysis
Debt Level: SWAV * has more cash than its total debt.
Reducing Debt: SWAV *'s debt to equity ratio has increased from 30.7% to 121.6% over the past 5 years.
Debt Coverage: SWAV *'s debt is well covered by operating cash flow (24.2%).
Interest Coverage: SWAV *'s interest payments on its debt are well covered by EBIT (33.3x coverage).