Boston Scientific Corporation

NYSE:BSX Stock Report

Market Cap: US$114.0b

Boston Scientific Balance Sheet Health

Financial Health criteria checks 4/6

Boston Scientific has a total shareholder equity of $20.2B and total debt of $10.6B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are $36.7B and $16.5B respectively. Boston Scientific's EBIT is $2.5B making its interest coverage ratio 10.2. It has cash and short-term investments of $2.3B.

Key information

52.6%

Debt to equity ratio

US$10.62b

Debt

Interest coverage ratio10.2x
CashUS$2.33b
EquityUS$20.17b
Total liabilitiesUS$16.50b
Total assetsUS$36.67b

Recent financial health updates

Recent updates

Boston Scientific Q2 Earnings Preview: Can The Rally Continue?

Jul 17

Here's Why We Think Boston Scientific (NYSE:BSX) Is Well Worth Watching

Jul 05
Here's Why We Think Boston Scientific (NYSE:BSX) Is Well Worth Watching

Should You Investigate Boston Scientific Corporation (NYSE:BSX) At US$77.00?

Jun 21
Should You Investigate Boston Scientific Corporation (NYSE:BSX) At US$77.00?

Boston Scientific Has Become A Standout Growth Story In Med-Tech

Jun 13

Why We're Not Concerned About Boston Scientific Corporation's (NYSE:BSX) Share Price

Jun 08
Why We're Not Concerned About Boston Scientific Corporation's (NYSE:BSX) Share Price

Is Boston Scientific (NYSE:BSX) Using Too Much Debt?

May 10
Is Boston Scientific (NYSE:BSX) Using Too Much Debt?

Boston Scientific (NYSE:BSX) Is Reinvesting At Lower Rates Of Return

Apr 22
Boston Scientific (NYSE:BSX) Is Reinvesting At Lower Rates Of Return

Boston Scientific: Implications Of The Axonics-Medtronic Patent Clash

Apr 05

A Look At The Fair Value Of Boston Scientific Corporation (NYSE:BSX)

Mar 26
A Look At The Fair Value Of Boston Scientific Corporation (NYSE:BSX)

We Ran A Stock Scan For Earnings Growth And Boston Scientific (NYSE:BSX) Passed With Ease

Feb 29
We Ran A Stock Scan For Earnings Growth And Boston Scientific (NYSE:BSX) Passed With Ease

What You Can Learn From Boston Scientific Corporation's (NYSE:BSX) P/E

Feb 15
What You Can Learn From Boston Scientific Corporation's (NYSE:BSX) P/E

Is Boston Scientific (NYSE:BSX) A Risky Investment?

Feb 02
Is Boston Scientific (NYSE:BSX) A Risky Investment?

Boston Scientific (NYSE:BSX) Could Be Struggling To Allocate Capital

Jan 19
Boston Scientific (NYSE:BSX) Could Be Struggling To Allocate Capital

Boston Scientific: Portfolio Updates Driving Top-Line Growth

Jan 17

Boston Scientific: Continued M&A Drives More Growth

Jan 10

Is Boston Scientific Corporation (NYSE:BSX) Worth US$56.1 Based On Its Intrinsic Value?

Dec 04
Is Boston Scientific Corporation (NYSE:BSX) Worth US$56.1 Based On Its Intrinsic Value?

Does Boston Scientific (NYSE:BSX) Have A Healthy Balance Sheet?

Nov 03
Does Boston Scientific (NYSE:BSX) Have A Healthy Balance Sheet?

Boston Scientific: Delivering Strong Growth, But Sector Derating Is A Big Issue

Oct 30

ADVENT Offers Up An Early Present For Boston Scientific Investors

Aug 28

Estimating The Fair Value Of Boston Scientific Corporation (NYSE:BSX)

Aug 24
Estimating The Fair Value Of Boston Scientific Corporation (NYSE:BSX)

Boston Scientific (NYSE:BSX) Seems To Use Debt Quite Sensibly

Jul 25
Boston Scientific (NYSE:BSX) Seems To Use Debt Quite Sensibly

Boston Scientific Remains Operationally Sound But May Have Limited Upside

Jul 14

Investors Could Be Concerned With Boston Scientific's (NYSE:BSX) Returns On Capital

Jul 10
Investors Could Be Concerned With Boston Scientific's (NYSE:BSX) Returns On Capital

Boston Scientific Corporation (NYSE:BSX) Shares Could Be 29% Above Their Intrinsic Value Estimate

May 21
Boston Scientific Corporation (NYSE:BSX) Shares Could Be 29% Above Their Intrinsic Value Estimate

Here's Why Boston Scientific (NYSE:BSX) Can Manage Its Debt Responsibly

Apr 18
Here's Why Boston Scientific (NYSE:BSX) Can Manage Its Debt Responsibly

Returns On Capital At Boston Scientific (NYSE:BSX) Paint A Concerning Picture

Apr 03
Returns On Capital At Boston Scientific (NYSE:BSX) Paint A Concerning Picture

Boston Scientific Stands Out With Strong, Diversified Growth Profile

Feb 15

Boston Scientific Non-GAAP EPS of $0.45 misses by $0.02, revenue of $3.24B in-line

Feb 01

Boston Scientific sees double digit EPS growth in 2023 - JPMorgan Healthcare conference

Jan 11

Financial Position Analysis

Short Term Liabilities: BSX's short term assets ($8.2B) exceed its short term liabilities ($4.9B).

Long Term Liabilities: BSX's short term assets ($8.2B) do not cover its long term liabilities ($11.6B).


Debt to Equity History and Analysis

Debt Level: BSX's net debt to equity ratio (41.1%) is considered high.

Reducing Debt: BSX's debt to equity ratio has reduced from 99.9% to 52.6% over the past 5 years.

Debt Coverage: BSX's debt is well covered by operating cash flow (23.3%).

Interest Coverage: BSX's interest payments on its debt are well covered by EBIT (10.2x coverage).


Balance Sheet


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