Danaher Balance Sheet Health
Financial Health criteria checks 4/6
Danaher has a total shareholder equity of $49.9B and total debt of $17.0B, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are $78.6B and $28.7B respectively. Danaher's EBIT is $5.2B making its interest coverage ratio -520.3. It has cash and short-term investments of $2.4B.
Key information
34.1%
Debt to equity ratio
US$17.01b
Debt
| Interest coverage ratio | -520.3x |
| Cash | US$2.37b |
| Equity | US$49.90b |
| Total liabilities | US$28.65b |
| Total assets | US$78.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DHR's short term assets ($9.6B) exceed its short term liabilities ($6.7B).
Long Term Liabilities: DHR's short term assets ($9.6B) do not cover its long term liabilities ($22.0B).
Debt to Equity History and Analysis
Debt Level: DHR's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: DHR's debt to equity ratio has increased from 32% to 34.1% over the past 5 years.
Debt Coverage: DHR's debt is well covered by operating cash flow (37.9%).
Interest Coverage: DHR earns more interest than it pays, so coverage of interest payments is not a concern.