Stryker Balance Sheet Health

Financial Health criteria checks 5/6

Stryker has a total shareholder equity of $20.6B and total debt of $13.6B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are $43.0B and $22.3B respectively. Stryker's EBIT is $5.0B making its interest coverage ratio 19.3. It has cash and short-term investments of $4.5B.

Key information

65.9%

Debt to equity ratio

US$13.60b

Debt

Interest coverage ratio19.3x
CashUS$4.49b
EquityUS$20.63b
Total liabilitiesUS$22.34b
Total assetsUS$42.97b

Recent financial health updates

Recent updates

There May Be Some Bright Spots In Stryker's (NYSE:SYK) Earnings

Feb 05
There May Be Some Bright Spots In Stryker's (NYSE:SYK) Earnings

Stryker: A Cool Name For An Awesome Company, But Is It A Buy Ahead Of Earnings?

Jan 27

Here's Why We Think Stryker (NYSE:SYK) Is Well Worth Watching

Jan 17
Here's Why We Think Stryker (NYSE:SYK) Is Well Worth Watching

Stryker: Starting 2025 With A Bolt-On Deal For Inari Medical

Jan 08

We Think Stryker (NYSE:SYK) Can Stay On Top Of Its Debt

Dec 26
We Think Stryker (NYSE:SYK) Can Stay On Top Of Its Debt

Stryker Corporation: A Wide-Moat Medical Device Company, But Overvalued

Dec 24

Stryker (NYSE:SYK) Is Paying Out A Larger Dividend Than Last Year

Dec 13
Stryker (NYSE:SYK) Is Paying Out A Larger Dividend Than Last Year

Investor Optimism Abounds Stryker Corporation (NYSE:SYK) But Growth Is Lacking

Dec 03
Investor Optimism Abounds Stryker Corporation (NYSE:SYK) But Growth Is Lacking

At US$386, Is It Time To Put Stryker Corporation (NYSE:SYK) On Your Watch List?

Nov 21
At US$386, Is It Time To Put Stryker Corporation (NYSE:SYK) On Your Watch List?

Stryker's Growth Via Continuous Acquisitions Led To Declining ROIC

Oct 16

We Ran A Stock Scan For Earnings Growth And Stryker (NYSE:SYK) Passed With Ease

Oct 10
We Ran A Stock Scan For Earnings Growth And Stryker (NYSE:SYK) Passed With Ease

A Look At The Intrinsic Value Of Stryker Corporation (NYSE:SYK)

Sep 29
A Look At The Intrinsic Value Of Stryker Corporation (NYSE:SYK)

Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80

Sep 18
Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80

We Think Stryker (NYSE:SYK) Can Stay On Top Of Its Debt

Sep 01
We Think Stryker (NYSE:SYK) Can Stay On Top Of Its Debt

Stryker Corporation's (NYSE:SYK) Business Is Trailing The Market But Its Shares Aren't

Aug 21
Stryker Corporation's (NYSE:SYK) Business Is Trailing The Market But Its Shares Aren't

Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80

Aug 10
Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80

Stryker: Wait For A Better Entry Point Post-Q2 Results

Aug 06

Is There Now An Opportunity In Stryker Corporation (NYSE:SYK)?

Jul 11
Is There Now An Opportunity In Stryker Corporation (NYSE:SYK)?

A Look At The Intrinsic Value Of Stryker Corporation (NYSE:SYK)

Jun 30
A Look At The Intrinsic Value Of Stryker Corporation (NYSE:SYK)

Stryker (NYSE:SYK) Will Pay A Dividend Of $0.80

Jun 19
Stryker (NYSE:SYK) Will Pay A Dividend Of $0.80

The Returns At Stryker (NYSE:SYK) Aren't Growing

Jun 16
The Returns At Stryker (NYSE:SYK) Aren't Growing

Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80

Jun 05
Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80

Stryker: Margin Gains Should Drive Upside

May 31

Does Stryker (NYSE:SYK) Have A Healthy Balance Sheet?

May 25
Does Stryker (NYSE:SYK) Have A Healthy Balance Sheet?

Market Participants Recognise Stryker Corporation's (NYSE:SYK) Earnings

May 14
Market Participants Recognise Stryker Corporation's (NYSE:SYK) Earnings

Stryker Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 02
Stryker Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

We Ran A Stock Scan For Earnings Growth And Stryker (NYSE:SYK) Passed With Ease

Apr 29
We Ran A Stock Scan For Earnings Growth And Stryker (NYSE:SYK) Passed With Ease

Stryker: A Great Company At An Expensive Price

Apr 05

Stryker's (NYSE:SYK) Dividend Will Be $0.80

Mar 26
Stryker's (NYSE:SYK) Dividend Will Be $0.80

Estimating The Fair Value Of Stryker Corporation (NYSE:SYK)

Mar 25
Estimating The Fair Value Of Stryker Corporation (NYSE:SYK)

Stryker (NYSE:SYK) Hasn't Managed To Accelerate Its Returns

Mar 14
Stryker (NYSE:SYK) Hasn't Managed To Accelerate Its Returns

Stryker: A Dividend Growth Powerhouse I'd Like To Own

Feb 02

Financial Position Analysis

Short Term Liabilities: SYK's short term assets ($14.8B) exceed its short term liabilities ($7.6B).

Long Term Liabilities: SYK's short term assets ($14.8B) exceed its long term liabilities ($14.7B).


Debt to Equity History and Analysis

Debt Level: SYK's net debt to equity ratio (44.1%) is considered high.

Reducing Debt: SYK's debt to equity ratio has reduced from 86.6% to 65.9% over the past 5 years.

Debt Coverage: SYK's debt is well covered by operating cash flow (31.2%).

Interest Coverage: SYK's interest payments on its debt are well covered by EBIT (19.3x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 11:01
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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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 Github.

Analyst Sources

Stryker Corporation is covered by 71 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ToungArgus Research Company
Richard PurkissAtlantic Equities LLP
Jeffrey JohnsonBaird