Stryker Balance Sheet Health
Financial Health criteria checks 3/6
Stryker has a total shareholder equity of $20.1B and total debt of $15.5B, which brings its debt-to-equity ratio to 76.8%. Its total assets and total liabilities are $43.8B and $23.7B respectively. Stryker's EBIT is $4.7B making its interest coverage ratio 20.3. It has cash and short-term investments of $4.7B.
Key information
76.8%
Debt to equity ratio
US$15.48b
Debt
| Interest coverage ratio | 20.3x |
| Cash | US$4.68b |
| Equity | US$20.15b |
| Total liabilities | US$23.68b |
| Total assets | US$43.83b |
Recent financial health updates
We Think Stryker (NYSE:SYK) Can Stay On Top Of Its Debt
Sep 01
Does Stryker (NYSE:SYK) Have A Healthy Balance Sheet?
May 25Stryker (NYSE:SYK) Seems To Use Debt Quite Sensibly
Jan 24Recent updates
Stryker (NYSE:SYK) Is Paying Out A Larger Dividend Than Last Year
Dec 13Investor Optimism Abounds Stryker Corporation (NYSE:SYK) But Growth Is Lacking
Dec 03At US$386, Is It Time To Put Stryker Corporation (NYSE:SYK) On Your Watch List?
Nov 21Stryker's Growth Via Continuous Acquisitions Led To Declining ROIC
Oct 16We Ran A Stock Scan For Earnings Growth And Stryker (NYSE:SYK) Passed With Ease
Oct 10A Look At The Intrinsic Value Of Stryker Corporation (NYSE:SYK)
Sep 29Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80
Sep 18We Think Stryker (NYSE:SYK) Can Stay On Top Of Its Debt
Sep 01Stryker Corporation's (NYSE:SYK) Business Is Trailing The Market But Its Shares Aren't
Aug 21Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80
Aug 10Stryker: Wait For A Better Entry Point Post-Q2 Results
Aug 06Is There Now An Opportunity In Stryker Corporation (NYSE:SYK)?
Jul 11A Look At The Intrinsic Value Of Stryker Corporation (NYSE:SYK)
Jun 30Stryker (NYSE:SYK) Will Pay A Dividend Of $0.80
Jun 19The Returns At Stryker (NYSE:SYK) Aren't Growing
Jun 16Stryker (NYSE:SYK) Has Announced A Dividend Of $0.80
Jun 05Stryker: Margin Gains Should Drive Upside
May 31Does Stryker (NYSE:SYK) Have A Healthy Balance Sheet?
May 25Market Participants Recognise Stryker Corporation's (NYSE:SYK) Earnings
May 14Stryker Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 02We Ran A Stock Scan For Earnings Growth And Stryker (NYSE:SYK) Passed With Ease
Apr 29Stryker: 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 22Why Stryker Is An Awesome Healthcare Compounder
Nov 30Stryker: Don't Buy This Dividend Champion (Yet)
Oct 13Financial Position Analysis
Short Term Liabilities: SYK's short term assets ($14.7B) exceed its short term liabilities ($7.7B).
Long Term Liabilities: SYK's short term assets ($14.7B) do not cover its long term liabilities ($16.0B).
Debt to Equity History and Analysis
Debt Level: SYK's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: SYK's debt to equity ratio has increased from 68.3% to 76.8% over the past 5 years.
Debt Coverage: SYK's debt is well covered by operating cash flow (24.8%).
Interest Coverage: SYK's interest payments on its debt are well covered by EBIT (20.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 .
Analyst Sources
Stryker Corporation is covered by 72 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Toung | Argus Research Company |
| Richard Purkiss | Atlantic Equities LLP |
| Jeffrey Johnson | Baird |