Masimo Balance Sheet Health
Financial Health criteria checks 4/6
Masimo has a total shareholder equity of $1.4B and total debt of $906.0M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are $3.0B and $1.7B respectively. Masimo's EBIT is $146.7M making its interest coverage ratio 3.1. It has cash and short-term investments of $163.0M.
Key information
66.4%
Debt to equity ratio
US$906.00m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$163.00m |
| Equity | US$1.36b |
| Total liabilities | US$1.68b |
| Total assets | US$3.04b |
Recent financial health updates
These 4 Measures Indicate That Masimo (NASDAQ:MASI) Is Using Debt Extensively
Feb 08
Is Masimo (NASDAQ:MASI) Using Too Much Debt?
Sep 19Here's Why Masimo (NASDAQ:MASI) Has A Meaningful Debt Burden
Jun 20Masimo (NASDAQ:MASI) Seems To Use Debt Quite Sensibly
Mar 22Does Masimo (NASDAQ:MASI) Have A Healthy Balance Sheet?
Dec 22Recent updates
Baron Funds - Masimo Corp.: Can Potentially Double Our Investment
May 05Is There Now An Opportunity In Masimo Corporation (NASDAQ:MASI)?
Apr 13Masimo Corporation's (NASDAQ:MASI) Popularity With Investors Is Under Threat From Overpricing
Mar 28Masimo Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 29Estimating The Intrinsic Value Of Masimo Corporation (NASDAQ:MASI)
Feb 24Masimo: Given The Lack Of Improvement In Revenues And Margins, It Is A Little Expensive
Feb 18These 4 Measures Indicate That Masimo (NASDAQ:MASI) Is Using Debt Extensively
Feb 08Earnings Tell The Story For Masimo Corporation (NASDAQ:MASI) As Its Stock Soars 27%
Dec 23At US$112, Is It Time To Put Masimo Corporation (NASDAQ:MASI) On Your Watch List?
Dec 14Masimo Corporation (NASDAQ:MASI) Shares Could Be 38% Below Their Intrinsic Value Estimate
Nov 09Is Masimo (NASDAQ:MASI) Using Too Much Debt?
Sep 19Is There Now An Opportunity In Masimo Corporation (NASDAQ:MASI)?
Aug 04Here's Why Masimo (NASDAQ:MASI) Has A Meaningful Debt Burden
Jun 20Is It Too Late To Consider Buying Masimo Corporation (NASDAQ:MASI)?
May 05Masimo (NASDAQ:MASI) Seems To Use Debt Quite Sensibly
Mar 22When Should You Buy Masimo Corporation (NASDAQ:MASI)?
Feb 02Does Masimo (NASDAQ:MASI) Have A Healthy Balance Sheet?
Dec 22Is Masimo Corporation (NASDAQ:MASI) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 02Should You Think About Buying Masimo Corporation (NASDAQ:MASI) Now?
Sep 16Financial Position Analysis
Short Term Liabilities: MASI's short term assets ($1.2B) exceed its short term liabilities ($563.8M).
Long Term Liabilities: MASI's short term assets ($1.2B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: MASI's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: MASI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MASI's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: MASI's interest payments on its debt are well covered by EBIT (3.1x coverage).