Teleflex Balance Sheet Health
Financial Health criteria checks 5/6
Teleflex has a total shareholder equity of $4.5B and total debt of $1.8B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are $7.5B and $3.0B respectively. Teleflex's EBIT is $377.9M making its interest coverage ratio 4.6. It has cash and short-term investments of $258.9M.
Key information
40.4%
Debt to equity ratio
US$1.81b
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$258.94m |
| Equity | US$4.48b |
| Total liabilities | US$3.00b |
| Total assets | US$7.49b |
Recent financial health updates
Does Teleflex (NYSE:TFX) Have A Healthy Balance Sheet?
Sep 30
Here's Why Teleflex (NYSE:TFX) Can Manage Its Debt Responsibly
Jun 20Is Teleflex (NYSE:TFX) A Risky Investment?
Feb 02We Think Teleflex (NYSE:TFX) Can Stay On Top Of Its Debt
Oct 29Is Teleflex (NYSE:TFX) A Risky Investment?
Jul 20These 4 Measures Indicate That Teleflex (NYSE:TFX) Is Using Debt Reasonably Well
Apr 17Recent updates
Here's What Analysts Are Forecasting For Teleflex Incorporated (NYSE:TFX) After Its Third-Quarter Results
Nov 02Does Teleflex (NYSE:TFX) Have A Healthy Balance Sheet?
Sep 30Returns On Capital At Teleflex (NYSE:TFX) Paint A Concerning Picture
Sep 14Market Participants Recognise Teleflex Incorporated's (NYSE:TFX) Earnings
Aug 29Teleflex Reinvesting In Growth, But Valuation Isn't That Compelling
Aug 26Is Teleflex Incorporated (NYSE:TFX) Potentially Undervalued?
Jul 29Here's Why Teleflex (NYSE:TFX) Can Manage Its Debt Responsibly
Jun 20Investors Could Be Concerned With Teleflex's (NYSE:TFX) Returns On Capital
Jun 05Is Teleflex Incorporated (NYSE:TFX) Trading At A 39% Discount?
May 21Teleflex: Compelling, Despite Some Operational Hiccups
May 06What Is Teleflex Incorporated's (NYSE:TFX) Share Price Doing?
Apr 21Returns On Capital At Teleflex (NYSE:TFX) Have Hit The Brakes
Mar 06Teleflex Incorporated (NYSE:TFX) Shares Could Be 32% Below Their Intrinsic Value Estimate
Feb 19Is Teleflex (NYSE:TFX) A Risky Investment?
Feb 02Getting In Cheap On Teleflex Incorporated (NYSE:TFX) Might Be Difficult
Jan 17Is Now An Opportune Moment To Examine Teleflex Incorporated (NYSE:TFX)?
Dec 31Returns On Capital At Teleflex (NYSE:TFX) Have Hit The Brakes
Nov 13We Think Teleflex (NYSE:TFX) Can Stay On Top Of Its Debt
Oct 29Teleflex Incorporated (NYSE:TFX) Shares Could Be 46% Below Their Intrinsic Value Estimate
Oct 13Teleflex Shares Hit Hard As Growth Concerns Stack Up
Oct 13Should You Investigate Teleflex Incorporated (NYSE:TFX) At US$200?
Sep 27Here's What To Make Of Teleflex's (NYSE:TFX) Decelerating Rates Of Return
Aug 07Teleflex: Flexing Its Muscles A Bit
Jul 27Is Teleflex (NYSE:TFX) A Risky Investment?
Jul 20Teleflex Incorporated's (NYSE:TFX) Intrinsic Value Is Potentially 40% Above Its Share Price
Jul 05Teleflex: Now Investment Grade On 16% Projected Growth For Owner Earnings
Jun 22What Does Teleflex Incorporated's (NYSE:TFX) Share Price Indicate?
Jun 20Teleflex (NYSE:TFX) Has Some Way To Go To Become A Multi-Bagger
May 05These 4 Measures Indicate That Teleflex (NYSE:TFX) Is Using Debt Reasonably Well
Apr 17Teleflex Incorporated's (NYSE:TFX) Intrinsic Value Is Potentially 37% Above Its Share Price
Mar 31At US$223, Is Teleflex Incorporated (NYSE:TFX) Worth Looking At Closely?
Mar 14Teleflex's 2 catheter devices get FDA clearance
Feb 22Teleflex (NYSE:TFX) Hasn't Managed To Accelerate Its Returns
Jan 27Teleflex (NYSE:TFX) Has A Pretty Healthy Balance Sheet
Jan 12Teleflex Already Getting A Pretty Good Benefit Of The Doubt
Jan 11An Intrinsic Calculation For Teleflex Incorporated (NYSE:TFX) Suggests It's 25% Undervalued
Dec 28What Does Teleflex Incorporated's (NYSE:TFX) Share Price Indicate?
Dec 12Financial Position Analysis
Short Term Liabilities: TFX's short term assets ($1.5B) exceed its short term liabilities ($618.8M).
Long Term Liabilities: TFX's short term assets ($1.5B) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: TFX's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: TFX's debt to equity ratio has reduced from 70.1% to 40.4% over the past 5 years.
Debt Coverage: TFX's debt is well covered by operating cash flow (31.6%).
Interest Coverage: TFX's interest payments on its debt are well covered by EBIT (4.6x coverage).