Hologic Balance Sheet Health
Financial Health criteria checks 6/6
Hologic has a total shareholder equity of $4.8B and total debt of $2.5B, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are $8.7B and $4.0B respectively. Hologic's EBIT is $977.6M making its interest coverage ratio 45.3. It has cash and short-term investments of $2.0B.
Key information
52.9%
Debt to equity ratio
US$2.53b
Debt
| Interest coverage ratio | 45.3x |
| Cash | US$1.97b |
| Equity | US$4.77b |
| Total liabilities | US$3.96b |
| Total assets | US$8.73b |
Recent financial health updates
Is Hologic (NASDAQ:HOLX) A Risky Investment?
Jan 31
Hologic (NASDAQ:HOLX) Seems To Use Debt Rather Sparingly
Oct 17These 4 Measures Indicate That Hologic (NASDAQ:HOLX) Is Using Debt Reasonably Well
Jun 20Hologic (NASDAQ:HOLX) Has A Pretty Healthy Balance Sheet
Mar 20Recent updates
Is Hologic (NASDAQ:HOLX) A Risky Investment?
Jan 31Hologic: Reasonably, But Not Compellingly Valued
Jan 17Here's What To Make Of Hologic's (NASDAQ:HOLX) Decelerating Rates Of Return
Jan 13Earnings Not Telling The Story For Hologic, Inc. (NASDAQ:HOLX)
Dec 22Hologic, Inc.'s (NASDAQ:HOLX) Intrinsic Value Is Potentially 60% Above Its Share Price
Dec 04When Should You Buy Hologic, Inc. (NASDAQ:HOLX)?
Nov 02Hologic: Continued Room Amidst Bolt-On M&A Efforts
Oct 28Hologic (NASDAQ:HOLX) Seems To Use Debt Rather Sparingly
Oct 17Hologic (NASDAQ:HOLX) Has More To Do To Multiply In Value Going Forward
Sep 16Hologic, Inc. (NASDAQ:HOLX) Not Flying Under The Radar
Sep 01Hologic Has A Lot Of Fine Qualities, But A Discount Valuation Isn't Among Them
Aug 27Is There Now An Opportunity In Hologic, Inc. (NASDAQ:HOLX)?
Jul 21These 4 Measures Indicate That Hologic (NASDAQ:HOLX) Is Using Debt Reasonably Well
Jun 20Returns At Hologic (NASDAQ:HOLX) Appear To Be Weighed Down
May 22Hologic: Women's Health Play Looks Healthier Itself
May 13Getting In Cheap On Hologic, Inc. (NASDAQ:HOLX) Might Be Difficult
Apr 19Calculating The Intrinsic Value Of Hologic, Inc. (NASDAQ:HOLX)
Apr 05Hologic (NASDAQ:HOLX) Has A Pretty Healthy Balance Sheet
Mar 20Why Hologic, Inc. (NASDAQ:HOLX) Could Be Worth Watching
Feb 22Hologic: Prospects For Growth As Headwinds Disappear
Feb 11We Think You Can Look Beyond Hologic's (NASDAQ:HOLX) Lackluster Earnings
Feb 09Financial Position Analysis
Short Term Liabilities: HOLX's short term assets ($3.5B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: HOLX's short term assets ($3.5B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: HOLX's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: HOLX's debt to equity ratio has reduced from 136.1% to 52.9% over the past 5 years.
Debt Coverage: HOLX's debt is well covered by operating cash flow (49.7%).
Interest Coverage: HOLX's interest payments on its debt are well covered by EBIT (45.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 23:56 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/28 |
| Annual Earnings | 2024/09/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hologic, Inc. is covered by 51 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Toung | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Charles Butler | Barclays |