Stryker Balance Sheet Health
Financial Health criteria checks 4/6
Stryker has a total shareholder equity of $18.6B and total debt of $13.0B, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are $39.9B and $21.3B respectively. Stryker's EBIT is $4.2B making its interest coverage ratio 15. It has cash and short-term investments of $3.1B.
Key information
69.9%
Debt to equity ratio
US$13.00b
Debt
| Interest coverage ratio | 15x |
| Cash | US$3.05b |
| Equity | US$18.59b |
| Total liabilities | US$21.32b |
| Total assets | US$39.91b |
Recent financial health updates
Stryker (NYSE:SYK) Seems To Use Debt Quite Sensibly
Jan 24
Is Stryker (NYSE:SYK) A Risky Investment?
Sep 26These 4 Measures Indicate That Stryker (NYSE:SYK) Is Using Debt Reasonably Well
Jun 17Is Stryker (NYSE:SYK) Using Too Much Debt?
Feb 27Recent updates
Stryker: A Great Company At An Expensive Price
Apr 05Stryker's (NYSE:SYK) Dividend Will Be $0.80
Mar 26Estimating The Fair Value Of Stryker Corporation (NYSE:SYK)
Mar 25Stryker (NYSE:SYK) Hasn't Managed To Accelerate Its Returns
Mar 14At US$348, Is Stryker Corporation (NYSE:SYK) Worth Looking At Closely?
Feb 21Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80
Feb 10Stryker: A Dividend Growth Powerhouse I'd Like To Own
Feb 02Stryker Corporation (NYSE:SYK) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 02Stryker (NYSE:SYK) Seems To Use Debt Quite Sensibly
Jan 24Here's Why We Think Stryker (NYSE:SYK) Might Deserve Your Attention Today
Jan 02Stryker: Mako Shoulder And Spine Launches Are On The Way
Dec 31Stryker's (NYSE:SYK) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 22Stryker's (NYSE:SYK) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 08Why Stryker Is An Awesome Healthcare Compounder
Nov 30Is Now An Opportune Moment To Examine Stryker Corporation (NYSE:SYK)?
Nov 10Investors Could Be Concerned With Stryker's (NYSE:SYK) Returns On Capital
Oct 19Stryker: Don't Buy This Dividend Champion (Yet)
Oct 13Estimating The Fair Value Of Stryker Corporation (NYSE:SYK)
Oct 08Is Stryker (NYSE:SYK) A Risky Investment?
Sep 26Stryker: Procedure Volume Recovery And Mako's Leading Robotic Technology
Aug 22Some Investors May Be Worried About Stryker's (NYSE:SYK) Returns On Capital
Jul 18Stryker Corporation's (NYSE:SYK) Intrinsic Value Is Potentially 18% Below Its Share Price
Jul 06These 4 Measures Indicate That Stryker (NYSE:SYK) Is Using Debt Reasonably Well
Jun 17Stryker: Good Prospects
Jun 14With EPS Growth And More, Stryker (NYSE:SYK) Makes An Interesting Case
May 24Should You Think About Buying Stryker Corporation (NYSE:SYK) Now?
May 01Some Investors May Be Worried About Stryker's (NYSE:SYK) Returns On Capital
Apr 18Calculating The Fair Value Of Stryker Corporation (NYSE:SYK)
Apr 06Is Stryker (NYSE:SYK) Using Too Much Debt?
Feb 27Stryker: Typically Excellent, Typically Expensive
Feb 16Stryker Has A Slowing FCF Conversion And No Plans Of Share Buyback
Feb 07If EPS Growth Is Important To You, Stryker (NYSE:SYK) Presents An Opportunity
Feb 02Stryker Non-GAAP EPS of $3.00 beats by $0.16, revenue of $5.2B beats by $230M
Jan 31Stryker initiated at sector weight by KeyBanc on limited upside potential
Jan 25Stryker: Excellent Recent And Continuing Performance
Jan 09Be Wary Of Stryker (NYSE:SYK) And Its Returns On Capital
Jan 08At US$243, Is It Time To Put Stryker Corporation (NYSE:SYK) On Your Watch List?
Dec 26Stryker's (NYSE:SYK) Upcoming Dividend Will Be Larger Than Last Year's
Dec 14Calculating The Fair Value Of Stryker Corporation (NYSE:SYK)
Dec 12Stryker lifts dividend by 7.9% to $0.75/share
Dec 07Financial Position Analysis
Short Term Liabilities: SYK's short term assets ($12.5B) exceed its short term liabilities ($7.9B).
Long Term Liabilities: SYK's short term assets ($12.5B) do not cover its long term liabilities ($13.4B).
Debt to Equity History and Analysis
Debt Level: SYK's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: SYK's debt to equity ratio has reduced from 84% to 69.9% over the past 5 years.
Debt Coverage: SYK's debt is well covered by operating cash flow (28.6%).
Interest Coverage: SYK's interest payments on its debt are well covered by EBIT (15x coverage).