Solventum Balance Sheet Health
Financial Health criteria checks 3/6
Solventum has a total shareholder equity of $3.9B and total debt of $8.3B, which brings its debt-to-equity ratio to 215.6%. Its total assets and total liabilities are $14.7B and $10.9B respectively. Solventum's EBIT is $1.7B making its interest coverage ratio 43.7. It has cash and short-term investments of $996.0M.
Key information
215.6%
Debt to equity ratio
US$8.30b
Debt
Interest coverage ratio | 43.7x |
Cash | US$996.00m |
Equity | US$3.85b |
Total liabilities | US$10.86b |
Total assets | US$14.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SOLV's short term assets ($3.4B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: SOLV's short term assets ($3.4B) do not cover its long term liabilities ($9.0B).
Debt to Equity History and Analysis
Debt Level: SOLV's net debt to equity ratio (189.7%) is considered high.
Reducing Debt: Insufficient data to determine if SOLV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SOLV's debt is well covered by operating cash flow (22.3%).
Interest Coverage: SOLV's interest payments on its debt are well covered by EBIT (43.7x coverage).