QuidelOrtho Financial Health
How is QuidelOrtho's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: QDEL's short term assets ($1.4B) exceed its short term liabilities ($872.7M).
Long Term Liabilities: QDEL's short term assets ($1.4B) do not cover its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: QDEL's net debt to equity ratio (50.6%) is considered high.
Reducing Debt: QDEL's debt to equity ratio has reduced from 70.1% to 56.1% over the past 5 years.
Debt Coverage: QDEL's debt is well covered by operating cash flow (38.5%).
Interest Coverage: QDEL's interest payments on its debt are well covered by EBIT (29.8x coverage).