Fortive Balance Sheet Health
Financial Health criteria checks 5/6
Fortive has a total shareholder equity of $10.3B and total debt of $3.6B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are $16.9B and $6.6B respectively. Fortive's EBIT is $1.1B making its interest coverage ratio 9.2. It has cash and short-term investments of $1.9B.
Key information
35.3%
Debt to equity ratio
US$3.65b
Debt
| Interest coverage ratio | 9.2x |
| Cash | US$1.89b |
| Equity | US$10.33b |
| Total liabilities | US$6.59b |
| Total assets | US$16.91b |
Recent financial health updates
Fortive (NYSE:FTV) Has A Pretty Healthy Balance Sheet
Mar 18
Fortive (NYSE:FTV) Seems To Use Debt Rather Sparingly
Dec 16We Think Fortive (NYSE:FTV) Can Manage Its Debt With Ease
Sep 06These 4 Measures Indicate That Fortive (NYSE:FTV) Is Using Debt Safely
Jun 01Is Fortive (NYSE:FTV) Using Too Much Debt?
Feb 19Here's Why Fortive (NYSE:FTV) Can Manage Its Debt Responsibly
Nov 11Recent updates
Fortive Corporation's (NYSE:FTV) Popularity With Investors Is Clear
Apr 17Why Fortive Corporation (NYSE:FTV) Could Be Worth Watching
Apr 02Fortive (NYSE:FTV) Has A Pretty Healthy Balance Sheet
Mar 18Is Fortive Corporation (NYSE:FTV) Trading At A 45% Discount?
Feb 20Fortive: Attractive Opportunity At Current Levels
Jan 29With Fortive Corporation (NYSE:FTV) It Looks Like You'll Get What You Pay For
Jan 03Fortive: A Good Buy At Current Levels
Dec 20Fortive (NYSE:FTV) Seems To Use Debt Rather Sparingly
Dec 16Should You Think About Buying Fortive Corporation (NYSE:FTV) Now?
Nov 28Fortive: Interesting And Well Positioned Conglomerate
Oct 05Is There An Opportunity With Fortive Corporation's (NYSE:FTV) 43% Undervaluation?
Oct 02We Think Fortive (NYSE:FTV) Can Manage Its Debt With Ease
Sep 06If EPS Growth Is Important To You, Fortive (NYSE:FTV) Presents An Opportunity
Aug 19What Does Fortive Corporation's (NYSE:FTV) Share Price Indicate?
Aug 04Fortive Corporation: Raised Outlook As Demand Remains Resilient
Jul 21Are Investors Undervaluing Fortive Corporation (NYSE:FTV) By 29%?
Jul 04These 4 Measures Indicate That Fortive (NYSE:FTV) Is Using Debt Safely
Jun 01With EPS Growth And More, Fortive (NYSE:FTV) Makes An Interesting Case
May 16When Should You Buy Fortive Corporation (NYSE:FTV)?
May 01A Look At The Intrinsic Value Of Fortive Corporation (NYSE:FTV)
Apr 02Is Fortive (NYSE:FTV) Using Too Much Debt?
Feb 19If EPS Growth Is Important To You, Fortive (NYSE:FTV) Presents An Opportunity
Feb 05Fortive Q4 2022 Earnings Preview
Jan 31Fortive declares $0.07 dividend
Jan 25Why Fortive Corporation (NYSE:FTV) Could Be Worth Watching
Jan 22A Look At The Fair Value Of Fortive Corporation (NYSE:FTV)
Dec 22With Short-Cycle Markets Expected To Fade, Fortive's Next Big Testing Is Around The Corner
Nov 16Here's Why Fortive (NYSE:FTV) Can Manage Its Debt Responsibly
Nov 11Fortive Q3 2022 Earnings Preview
Oct 25Fortive Corporation (NYSE:FTV) Shares Could Be 32% Below Their Intrinsic Value Estimate
Sep 13Fortive: Strategic Changes And Robust Balance Sheet Hold The Key
Sep 10Fortive declares $0.07 dividend
Aug 19Fortive (NYSE:FTV) Has A Pretty Healthy Balance Sheet
Jul 24Is There Now An Opportunity In Fortive Corporation (NYSE:FTV)?
Jul 05Fortive Corp.: Not A 'Buy' Just Yet
Jun 27Financial Position Analysis
Short Term Liabilities: FTV's short term assets ($3.7B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: FTV's short term assets ($3.7B) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: FTV's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: FTV's debt to equity ratio has reduced from 51.9% to 35.3% over the past 5 years.
Debt Coverage: FTV's debt is well covered by operating cash flow (37.1%).
Interest Coverage: FTV's interest payments on its debt are well covered by EBIT (9.2x coverage).