Zimmer Biomet Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Zimmer Biomet Holdings has a total shareholder equity of $12.6B and total debt of $6.0B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are $21.5B and $8.8B respectively. Zimmer Biomet Holdings's EBIT is $1.5B making its interest coverage ratio 7.4. It has cash and short-term investments of $393.0M.
Key information
47.7%
Debt to equity ratio
US$6.01b
Debt
Interest coverage ratio | 7.4x |
Cash | US$393.00m |
Equity | US$12.61b |
Total liabilities | US$8.85b |
Total assets | US$21.45b |
Recent financial health updates
Is Zimmer Biomet Holdings (NYSE:ZBH) Using Too Much Debt?
Mar 20Here's Why Zimmer Biomet Holdings (NYSE:ZBH) Can Manage Its Debt Responsibly
Dec 17Is Zimmer Biomet Holdings (NYSE:ZBH) A Risky Investment?
Aug 08Is Zimmer Biomet Holdings (NYSE:ZBH) Using Too Much Debt?
May 04We Think Zimmer Biomet Holdings (NYSE:ZBH) Can Stay On Top Of Its Debt
Jan 19Is Zimmer Biomet Holdings (NYSE:ZBH) A Risky Investment?
Oct 10Recent updates
The Return Trends At Zimmer Biomet Holdings (NYSE:ZBH) Look Promising
May 02Is Zimmer Biomet Holdings (NYSE:ZBH) Using Too Much Debt?
Mar 20Zimmer Biomet Holdings (NYSE:ZBH) Will Pay A Dividend Of $0.24
Mar 02Zimmer Biomet Holdings' (NYSE:ZBH) Strong Earnings Are Of Good Quality
Feb 15What Does Zimmer Biomet Holdings, Inc.'s (NYSE:ZBH) Share Price Indicate?
Feb 11Zimmer Biomet: Weight Loss Drug Concerns Are Overblown
Feb 05A Look At The Fair Value Of Zimmer Biomet Holdings, Inc. (NYSE:ZBH)
Jan 29Zimmer Biomet: Growth Acceleration Is Likely Driven By ROSA; Initiate With 'Buy'
Jan 20Zimmer Biomet Holdings, Inc. (NYSE:ZBH) Not Flying Under The Radar
Jan 15The Returns At Zimmer Biomet Holdings (NYSE:ZBH) Aren't Growing
Dec 31Zimmer Biomet Holdings: Visible Growth Drivers And Strong Execution
Dec 18Here's Why Zimmer Biomet Holdings (NYSE:ZBH) Can Manage Its Debt Responsibly
Dec 17Zimmer Biomet: Still Many Questions After A Solid Year So Far
Nov 26When Should You Buy Zimmer Biomet Holdings, Inc. (NYSE:ZBH)?
Nov 06Here's Why We Think Zimmer Biomet Holdings (NYSE:ZBH) Is Well Worth Watching
Oct 07Returns On Capital At Zimmer Biomet Holdings (NYSE:ZBH) Have Hit The Brakes
Sep 21Zimmer Biomet Holdings: Growth Strategies For 2023 Instill Confidence
Sep 14Calculating The Intrinsic Value Of Zimmer Biomet Holdings, Inc. (NYSE:ZBH)
Sep 06Zimmer Biomet: Guidance Raise, Better Margins In 2024 Make It A Buy
Aug 11Is Zimmer Biomet Holdings (NYSE:ZBH) A Risky Investment?
Aug 08Should You Think About Buying Zimmer Biomet Holdings, Inc. (NYSE:ZBH) Now?
Jul 10We Ran A Stock Scan For Earnings Growth And Zimmer Biomet Holdings (NYSE:ZBH) Passed With Ease
Jun 27Slowing Rates Of Return At Zimmer Biomet Holdings (NYSE:ZBH) Leave Little Room For Excitement
Jun 13A Look At The Fair Value Of Zimmer Biomet Holdings, Inc. (NYSE:ZBH)
May 30Zimmer Biomet: Expect Growth Momentum To Continue
May 26Is Zimmer Biomet Holdings (NYSE:ZBH) Using Too Much Debt?
May 04At US$129, Is It Time To Put Zimmer Biomet Holdings, Inc. (NYSE:ZBH) On Your Watch List?
Apr 02Return Trends At Zimmer Biomet Holdings (NYSE:ZBH) Aren't Appealing
Mar 13A Look At The Intrinsic Value Of Zimmer Biomet Holdings, Inc. (NYSE:ZBH)
Feb 21Improving Ortho Performance At Zimmer Biomet Is Encouraging
Feb 09Zimmer Biomet Q4 2022 Earnings Preview
Feb 02We Think Zimmer Biomet Holdings (NYSE:ZBH) Can Stay On Top Of Its Debt
Jan 19Zimmer Biomet to acquire soft tissue healing company Embody
Jan 05Zimmer Biomet declares $0.24 dividend
Dec 15Should You Think About Buying Zimmer Biomet Holdings, Inc. (NYSE:ZBH) Now?
Dec 03Zimmer Biomet Holdings, Inc. (NYSE:ZBH) Shares Could Be 26% Below Their Intrinsic Value Estimate
Nov 17Zimmer Biomet reports Q3 earnings beat; raises FY22 guidance range
Nov 02Slowing Rates Of Return At Zimmer Biomet Holdings (NYSE:ZBH) Leave Little Room For Excitement
Oct 24Is Zimmer Biomet Holdings (NYSE:ZBH) A Risky Investment?
Oct 10Zimmer's shoulder replacement system Identity gets FDA clearance
Sep 20Zimmer Biomet Is Likely Set For Even More Weakness (Technical Analysis)
Sep 14Zimmer Biomet Holdings (NYSE:ZBH) Is Due To Pay A Dividend Of $0.24
Sep 12Zimmer, Surgical Planning team up to sell mixed reality navigation system HipInsight
Sep 01Zimmer Biomet Holdings (NYSE:ZBH) Will Pay A Dividend Of $0.24
Aug 29Zimmer Biomet declares $0.24 dividend
Aug 26Zimmer Biomet: Slow Growing Market Leader
Aug 20Financial Position Analysis
Short Term Liabilities: ZBH's short term assets ($4.6B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: ZBH's short term assets ($4.6B) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: ZBH's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: ZBH's debt to equity ratio has reduced from 76.4% to 47.7% over the past 5 years.
Debt Coverage: ZBH's debt is well covered by operating cash flow (25%).
Interest Coverage: ZBH's interest payments on its debt are well covered by EBIT (7.4x coverage).