IDEXX Laboratories Financial Health

How is IDEXX Laboratories's financial position?

Financial Health Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IDXX's short term assets ($1.0B) do not cover its short term liabilities ($1.2B).

Long Term Liabilities: IDXX's short term assets ($1.0B) exceed its long term liabilities ($983.6M).

Debt to Equity History and Analysis

Debt Level: IDXX's net debt to equity ratio (276.7%) is considered high.

Reducing Debt: IDXX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: IDXX's debt is well covered by operating cash flow (41.9%).

Interest Coverage: IDXX's interest payments on its debt are well covered by EBIT (29.2x coverage).

Balance Sheet

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