Masimo Balance Sheet Health
Financial Health criteria checks 4/6
Masimo has a total shareholder equity of $1.5B and total debt of $772.6M, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are $3.1B and $1.6B respectively. Masimo's EBIT is $129.6M making its interest coverage ratio 3. It has cash and short-term investments of $158.5M.
Key information
52.8%
Debt to equity ratio
US$772.60m
Debt
| Interest coverage ratio | 3x |
| Cash | US$158.50m |
| Equity | US$1.46b |
| Total liabilities | US$1.62b |
| Total assets | US$3.09b |
Recent financial health updates
Here's Why Masimo (NASDAQ:MASI) Has A Meaningful Debt Burden
Nov 28
These 4 Measures Indicate That Masimo (NASDAQ:MASI) Is Using Debt Extensively
Jun 19These 4 Measures Indicate That Masimo (NASDAQ:MASI) Is Using Debt Extensively
Feb 08Recent updates
Masimo: A Stellar Performance After The Dust Has Settled
Dec 11Here's Why Masimo (NASDAQ:MASI) Has A Meaningful Debt Burden
Nov 28Is There An Opportunity With Masimo Corporation's (NASDAQ:MASI) 44% Undervaluation?
Nov 07Masimo Corporation's (NASDAQ:MASI) 28% Share Price Surge Not Quite Adding Up
Oct 15Masimo Corporation: Too Much Uncertainty For Now
Sep 25What Is Masimo Corporation's (NASDAQ:MASI) Share Price Doing?
Aug 01Masimo Corporation's (NASDAQ:MASI) Share Price Matching Investor Opinion
Jul 11These 4 Measures Indicate That Masimo (NASDAQ:MASI) Is Using Debt Extensively
Jun 19Masimo: Promising Developments
May 12Analyst Estimates: Here's What Brokers Think Of Masimo Corporation (NASDAQ:MASI) After Its First-Quarter Report
May 10Baron 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 08Financial Position Analysis
Short Term Liabilities: MASI's short term assets ($1.3B) exceed its short term liabilities ($637.6M).
Long Term Liabilities: MASI's short term assets ($1.3B) exceed its long term liabilities ($987.0M).
Debt to Equity History and Analysis
Debt Level: MASI's net debt to equity ratio (42%) is considered high.
Reducing Debt: MASI's debt to equity ratio has increased from 0% to 52.8% over the past 5 years.
Debt Coverage: MASI's debt is well covered by operating cash flow (28.9%).
Interest Coverage: MASI's interest payments on its debt are well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 02:23 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Masimo Corporation is covered by 33 analysts. 9 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 |
|---|---|
| Michael Polark | Baird |
| Ishan Majumdar | Baptista Research |
| Charley Jones | Barrington Research Associates, Inc. |