Solventum Balance Sheet Health

Financial Health criteria checks 2/6

Solventum has a total shareholder equity of $3.2B and total debt of $8.1B, which brings its debt-to-equity ratio to 254%. Its total assets and total liabilities are $14.7B and $11.6B respectively. Solventum's EBIT is $1.3B making its interest coverage ratio 5. It has cash and short-term investments of $772.0M.

Key information

254.0%

Debt to equity ratio

US$8.11b

Debt

Interest coverage ratio5x
CashUS$772.00m
EquityUS$3.19b
Total liabilitiesUS$11.55b
Total assetsUS$14.75b

Recent financial health updates

Recent updates

These 4 Measures Indicate That Solventum (NYSE:SOLV) Is Using Debt Extensively

Dec 11
These 4 Measures Indicate That Solventum (NYSE:SOLV) Is Using Debt Extensively

Solventum: Concerns After A Partial Re-Rating

Nov 30

A Look At The Intrinsic Value Of Solventum Corporation (NYSE:SOLV)

Oct 10
A Look At The Intrinsic Value Of Solventum Corporation (NYSE:SOLV)

Solventum: No Rush To Buy As Post-Spin Execution Will Take Time To Play Out

Sep 11

Solventum (NYSE:SOLV) Has A Pretty Healthy Balance Sheet

Aug 18
Solventum (NYSE:SOLV) Has A Pretty Healthy Balance Sheet

Solventum: Stumbling Out Of The Gate

Jul 07

Solventum Corporation (NYSE:SOLV) Shares Could Be 27% Below Their Intrinsic Value Estimate

Jun 26
Solventum Corporation (NYSE:SOLV) Shares Could Be 27% Below Their Intrinsic Value Estimate

Solventum: A Reasonable Start, Still Some Questions To Be Asked

May 17

3M Says Bye To Solventum - Why I Stick To My Bullish Call

Apr 02

Financial Position Analysis

Short Term Liabilities: SOLV's short term assets ($3.4B) exceed its short term liabilities ($2.9B).

Long Term Liabilities: SOLV's short term assets ($3.4B) do not cover its long term liabilities ($8.6B).


Debt to Equity History and Analysis

Debt Level: SOLV's net debt to equity ratio (229.9%) 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 not well covered by operating cash flow (18.7%).

Interest Coverage: SOLV's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:49
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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Analyst Sources

Solventum Corporation is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Travis SteedBofA Global Research
Travis SteedBofA Global Research
Michael GormanBTIG