Stryker Balance Sheet Health
Financial Health criteria checks 4/6
Stryker has a total shareholder equity of $19.2B and total debt of $12.9B, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are $39.4B and $20.2B respectively. Stryker's EBIT is $4.4B making its interest coverage ratio 17.1. It has cash and short-term investments of $2.4B.
Key information
67.1%
Debt to equity ratio
US$12.87b
Debt
Interest coverage ratio | 17.1x |
Cash | US$2.41b |
Equity | US$19.17b |
Total liabilities | US$20.23b |
Total assets | US$39.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYK *'s short term assets ($11.9B) exceed its short term liabilities ($7.0B).
Long Term Liabilities: SYK *'s short term assets ($11.9B) do not cover its long term liabilities ($13.3B).
Debt to Equity History and Analysis
Debt Level: SYK *'s net debt to equity ratio (54.5%) is considered high.
Reducing Debt: SYK *'s debt to equity ratio has reduced from 72.4% to 67.1% over the past 5 years.
Debt Coverage: SYK *'s debt is well covered by operating cash flow (27%).
Interest Coverage: SYK *'s interest payments on its debt are well covered by EBIT (17.1x coverage).