Bio-Rad Laboratories Balance Sheet Health
Financial Health criteria checks 5/6
Bio-Rad Laboratories has a total shareholder equity of $7.5B and total debt of $1.2B, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are $10.6B and $3.1B respectively. Bio-Rad Laboratories's EBIT is $333.9M making its interest coverage ratio -9.9. It has cash and short-term investments of $1.6B.
Key information
15.9%
Debt to equity ratio
US$1.19b
Debt
| Interest coverage ratio | -9.9x |
| Cash | US$1.62b |
| Equity | US$7.49b |
| Total liabilities | US$3.12b |
| Total assets | US$10.60b |
Recent financial health updates
Is Bio-Rad Laboratories (NYSE:BIO) Using Too Much Debt?
Dec 16
We Think Bio-Rad Laboratories (NYSE:BIO) Can Stay On Top Of Its Debt
Sep 08Bio-Rad Laboratories (NYSE:BIO) Has A Pretty Healthy Balance Sheet
Apr 18Recent updates
Is Bio-Rad Laboratories (NYSE:BIO) Using Too Much Debt?
Dec 16Why Bio-Rad Laboratories Is Overvalued: A Fundamental And DCF Analysis
Nov 25Is Bio-Rad Laboratories, Inc. (NYSE:BIO) Potentially Undervalued?
Nov 25A Look At The Intrinsic Value Of Bio-Rad Laboratories, Inc. (NYSE:BIO)
Nov 04Bio-Rad Laboratories: Overvalued Given Current Growth Prospects
Sep 23We Think Bio-Rad Laboratories (NYSE:BIO) Can Stay On Top Of Its Debt
Sep 08Bio-Rad Laboratories, Inc.'s (NYSE:BIO) Shares May Have Run Too Fast Too Soon
Jul 18Bio-Rad: Economics Unsupportive With Capital Valued 70 Cents On The Dollar
Jul 14Bio-Rad Laboratories (NYSE:BIO) Has A Pretty Healthy Balance Sheet
Apr 18Bio-Rad: A Lackluster Picks-And-Shovels Life Science Company With A Key Investment Kicker
Apr 14At US$325, Is Bio-Rad Laboratories, Inc. (NYSE:BIO) Worth Looking At Closely?
Feb 07Bio-Rad: Business Returns Aren't Economically Valuable, Sartorius Now A Hindrance
Oct 25Bio-Rad: A Cash Flow Returns On Investments Analysis
Aug 10Bio-Rad Labs reports Q4 2022 results
Feb 16Bio-Rad: How Efficient Is Its Capital Management? A Deep Look, With Technicals
Jan 04Bio-Rad Labs Non-GAAP EPS of $2.60 misses by $0.17, revenue of $680.8M misses by $1.9M
Oct 27Will Bio-Rad And Qiagen Merge? I Can't See Any Logic To This Deal
Oct 12Bio-Rad Laboratories hits 52-week low; down 40% YTD
Sep 19Bio-Rad Labs Non-GAAP EPS of $3.38 beats by $0.67, revenue of $691.1M beats by $26.5M
Jul 28Financial Position Analysis
Short Term Liabilities: BIO's short term assets ($3.1B) exceed its short term liabilities ($497.9M).
Long Term Liabilities: BIO's short term assets ($3.1B) exceed its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: BIO has more cash than its total debt.
Reducing Debt: BIO's debt to equity ratio has increased from 8.3% to 15.9% over the past 5 years.
Debt Coverage: BIO's debt is well covered by operating cash flow (34.6%).
Interest Coverage: BIO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 20:28 |
| End of Day Share Price | 2024/12/23 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
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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 .
Analyst Sources
Bio-Rad Laboratories, Inc. is covered by 27 analysts. 6 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Jon Wood | BofA Global Research |
| Sel Hardy | CFRA Equity Research |