Biogen Balance Sheet Health
Financial Health criteria checks 6/6
Biogen has a total shareholder equity of $16.4B and total debt of $6.3B, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are $28.3B and $12.0B respectively. Biogen's EBIT is $2.3B making its interest coverage ratio 11.9. It has cash and short-term investments of $1.7B.
Key information
38.5%
Debt to equity ratio
US$6.29b
Debt
| Interest coverage ratio | 11.9x |
| Cash | US$1.70b |
| Equity | US$16.36b |
| Total liabilities | US$11.95b |
| Total assets | US$28.31b |
Recent financial health updates
Does Biogen (NASDAQ:BIIB) Have A Healthy Balance Sheet?
Oct 01
Is Biogen (NASDAQ:BIIB) Using Too Much Debt?
May 23Recent updates
Beaten Down Biogen Stock Looks Attractive At Current Levels
Dec 30Market Cool On Biogen Inc.'s (NASDAQ:BIIB) Earnings
Dec 24Biogen Q3 Earnings Review: Why I Remain Optimistic Despite Difficult Quarter
Oct 31Does Biogen (NASDAQ:BIIB) Have A Healthy Balance Sheet?
Oct 01What You Can Learn From Biogen Inc.'s (NASDAQ:BIIB) P/E
Sep 04Biogen: Q2 Earnings, Share Price May Have Bottomed Out As CEO Makes Mark
Aug 17Biogen Stock: Cheapish, But With Few Growth Prospects
Jul 11Is Biogen (NASDAQ:BIIB) Using Too Much Debt?
May 23Biogen's Revenue Dip Meets Cost Cuts In Q1 (Rating Upgrade)
Apr 29Earnings Update: Biogen Inc. (NASDAQ:BIIB) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Apr 28The Price Is Right For Biogen Inc. (NASDAQ:BIIB)
Apr 15We Think You Can Look Beyond Biogen's (NASDAQ:BIIB) Lackluster Earnings
Feb 21Biogen Inc. Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next
Feb 16Biogen's Q4 Earnings Disappoint Amidst Strategic Challenges (Rating Downgrade)
Feb 14Biotech And Pharma Diversification Pays Off
Jan 25Financial Position Analysis
Short Term Liabilities: BIIB's short term assets ($6.8B) exceed its short term liabilities ($5.4B).
Long Term Liabilities: BIIB's short term assets ($6.8B) exceed its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: BIIB's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: BIIB's debt to equity ratio has reduced from 42.5% to 38.5% over the past 5 years.
Debt Coverage: BIIB's debt is well covered by operating cash flow (33.8%).
Interest Coverage: BIIB's interest payments on its debt are well covered by EBIT (11.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 06:04 |
| End of Day Share Price | 2025/02/06 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.
Analysis Model and Snowflake
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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
Biogen Inc. is covered by 74 analysts. 32 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 |
| Brian Skorney | Baird |
| Ishan Majumdar | Baptista Research |