Thermo Fisher Scientific Balance Sheet Health
Financial Health criteria checks 3/6
Thermo Fisher Scientific has a total shareholder equity of $45.6B and total debt of $35.4B, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are $97.1B and $51.5B respectively. Thermo Fisher Scientific's EBIT is $7.4B making its interest coverage ratio 17.5. It has cash and short-term investments of $7.3B.
Key information
77.7%
Debt to equity ratio
US$35.45b
Debt
Interest coverage ratio | 17.5x |
Cash | US$7.25b |
Equity | US$45.62b |
Total liabilities | US$51.47b |
Total assets | US$97.10b |
Recent financial health updates
We Think Thermo Fisher Scientific (NYSE:TMO) Can Stay On Top Of Its Debt
Mar 12Does Thermo Fisher Scientific (NYSE:TMO) Have A Healthy Balance Sheet?
Dec 11Is Thermo Fisher Scientific (NYSE:TMO) A Risky Investment?
Sep 10Recent updates
Low Yield, High Growth: Unveiling The Power Of Thermo Fisher's Dividends
Jun 07Thermo Fisher: Renewed Growth Yet To Materialize, But Already Priced In (Rating Downgrade)
Apr 30Thermo Fisher Scientific Inc. (NYSE:TMO) Just Released Its First-Quarter Earnings: Here's What Analysts Think
Apr 27Why Thermo Fisher Scientific Inc. (NYSE:TMO) Could Be Worth Watching
Apr 24Thermo Fisher Scientific: Too Hot To Handle
Apr 15Investors Still Waiting For A Pull Back In Thermo Fisher Scientific Inc. (NYSE:TMO)
Apr 02We Think Thermo Fisher Scientific (NYSE:TMO) Can Stay On Top Of Its Debt
Mar 12Thermo Fisher's Bright Future Makes It A Great Buy On Weakness
Feb 06Here's What Analysts Are Forecasting For Thermo Fisher Scientific Inc. (NYSE:TMO) After Its Yearly Results
Feb 02Thermo Fisher: Blue Chip Stock Melded With Growth Characteristics
Jan 16Thermo Fisher: Downturn In Pharma And Biotech And Weak China Growth; Initiate With 'Hold'
Jan 06Is Now An Opportune Moment To Examine Thermo Fisher Scientific Inc. (NYSE:TMO)?
Dec 29Does Thermo Fisher Scientific (NYSE:TMO) Have A Healthy Balance Sheet?
Dec 11Thermo Fisher Scientific: I Am Still Waiting For An Attractive Buying Opportunity.
Dec 02Thermo Fisher Scientific Inc. (NYSE:TMO) Shares Could Be 25% Below Their Intrinsic Value Estimate
Nov 07My Family Is Buying A Lot More Thermo Fisher Stock
Oct 31Thermo Fisher: An Up To 35% Undervalued Healthcare Gem I Like On Weakness
Sep 28Is Thermo Fisher Scientific (NYSE:TMO) A Risky Investment?
Sep 10Thermo Fisher Scientific: A High-Quality Investment For Double-Digit Returns
Aug 28Thermo Fisher: Cash Flow Returns On Investments Analysis
Aug 14Calculating The Fair Value Of Thermo Fisher Scientific Inc. (NYSE:TMO)
Jul 25Thermo Fisher Scientific: Continuing To Add To The Fortress
Jul 09Thermo Fisher: A Master Compounder In Healthcare
Jul 03Financial Position Analysis
Short Term Liabilities: TMO's short term assets ($23.6B) exceed its short term liabilities ($13.9B).
Long Term Liabilities: TMO's short term assets ($23.6B) do not cover its long term liabilities ($37.5B).
Debt to Equity History and Analysis
Debt Level: TMO's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: TMO's debt to equity ratio has increased from 65.9% to 77.7% over the past 5 years.
Debt Coverage: TMO's debt is well covered by operating cash flow (25.2%).
Interest Coverage: TMO's interest payments on its debt are well covered by EBIT (17.5x coverage).