Stericycle Balance Sheet Health
Financial Health criteria checks 1/6
Stericycle has a total shareholder equity of $2.5B and total debt of $1.3B, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are $5.4B and $2.8B respectively. Stericycle's EBIT is $184.3M making its interest coverage ratio 2.5. It has cash and short-term investments of $35.3M.
Key information
50.8%
Debt to equity ratio
US$1.28b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$35.30m |
| Equity | US$2.52b |
| Total liabilities | US$2.83b |
| Total assets | US$5.35b |
Recent financial health updates
We Think Stericycle (NASDAQ:SRCL) Can Stay On Top Of Its Debt
Apr 02
We Think Stericycle (NASDAQ:SRCL) Can Stay On Top Of Its Debt
Dec 20Here's Why Stericycle (NASDAQ:SRCL) Can Manage Its Debt Responsibly
Sep 13Stericycle (NASDAQ:SRCL) Seems To Use Debt Quite Sensibly
Jun 15We Think Stericycle (NASDAQ:SRCL) Is Taking Some Risk With Its Debt
Feb 24We Think Stericycle (NASDAQ:SRCL) Is Taking Some Risk With Its Debt
Oct 11Recent updates
We Think Stericycle (NASDAQ:SRCL) Can Stay On Top Of Its Debt
Apr 02Is There An Opportunity With Stericycle, Inc.'s (NASDAQ:SRCL) 47% Undervaluation?
Mar 07Stericycle: Earnings Beat And Above-Expectations Guidance Reinforce My Buy Rating
Mar 03Returns On Capital At Stericycle (NASDAQ:SRCL) Paint A Concerning Picture
Jan 28Stericycle, Inc.'s (NASDAQ:SRCL) Shares May Have Run Too Fast Too Soon
Jan 08We Think Stericycle (NASDAQ:SRCL) Can Stay On Top Of Its Debt
Dec 20Stericycle, Inc. (NASDAQ:SRCL) Shares Could Be 44% Below Their Intrinsic Value Estimate
Dec 01Stericycle (NASDAQ:SRCL) Hasn't Managed To Accelerate Its Returns
Oct 26Here's Why Stericycle (NASDAQ:SRCL) Can Manage Its Debt Responsibly
Sep 13Is There An Opportunity With Stericycle, Inc.'s (NASDAQ:SRCL) 37% Undervaluation?
Jul 19Stericycle (NASDAQ:SRCL) Will Be Hoping To Turn Its Returns On Capital Around
Jul 03Stericycle (NASDAQ:SRCL) Seems To Use Debt Quite Sensibly
Jun 15At US$42.07, Is Stericycle, Inc. (NASDAQ:SRCL) Worth Looking At Closely?
Apr 24An Intrinsic Calculation For Stericycle, Inc. (NASDAQ:SRCL) Suggests It's 40% Undervalued
Apr 04These Return Metrics Don't Make Stericycle (NASDAQ:SRCL) Look Too Strong
Mar 14We Think Stericycle (NASDAQ:SRCL) Is Taking Some Risk With Its Debt
Feb 24What Is Stericycle, Inc.'s (NASDAQ:SRCL) Share Price Doing?
Jan 16An Intrinsic Calculation For Stericycle, Inc. (NASDAQ:SRCL) Suggests It's 37% Undervalued
Dec 23These Return Metrics Don't Make Stericycle (NASDAQ:SRCL) Look Too Strong
Dec 02Stericycle's (NASDAQ:SRCL) Conservative Accounting Might Explain Soft Earnings
Nov 10We Think Stericycle (NASDAQ:SRCL) Is Taking Some Risk With Its Debt
Oct 11Stericycle: Muted Outlook, Fair Valuations
Aug 30Stericycle Q2 2022 Earnings Preview
Aug 04Be Wary Of Stericycle (NASDAQ:SRCL) And Its Returns On Capital
Aug 02Is Stericycle (NASDAQ:SRCL) A Risky Investment?
Jun 28Stericycle: The Risks Outweigh The Reward
Jun 03Capital Allocation Trends At Stericycle (NASDAQ:SRCL) Aren't Ideal
Apr 25Is Stericycle, Inc. (NASDAQ:SRCL) Trading At A 40% Discount?
Mar 29Stericycle: A Neutral View
Oct 22Stericycle: A Successful Turnaround Is Likely
Aug 08Stericycle Q1 2021 Earnings Preview
Apr 28Stericycle: Future Profitability Influenced By Divestments And ERP Implementation
Feb 04Stericycle divests global product business
Dec 02Stericycle Continues Its Mediocre Performance
Nov 18Stericycle launches $400M senior notes offering
Nov 09Stericycle up 11% on beating Q3 estimates, and improved margins
Nov 05Stericycle Q3 2020 Earnings Preview
Nov 04Financial Position Analysis
Short Term Liabilities: SRCL's short term assets ($671.5M) do not cover its short term liabilities ($718.0M).
Long Term Liabilities: SRCL's short term assets ($671.5M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: SRCL's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: SRCL's debt to equity ratio has reduced from 106.4% to 50.8% over the past 5 years.
Debt Coverage: SRCL's debt is not well covered by operating cash flow (19%).
Interest Coverage: SRCL's interest payments on its debt are not well covered by EBIT (2.5x coverage).