Coherent Balance Sheet Health
Financial Health criteria checks 3/6
Coherent has a total shareholder equity of $8.3B and total debt of $4.0B, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are $14.7B and $6.4B respectively. Coherent's EBIT is $241.0M making its interest coverage ratio 0.9. It has cash and short-term investments of $1.0B.
Key information
48.2%
Debt to equity ratio
US$3.99b
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$1.04b |
| Equity | US$8.27b |
| Total liabilities | US$6.43b |
| Total assets | US$14.70b |
Recent financial health updates
Is Coherent (NYSE:COHR) Using Too Much Debt?
Jul 17
Coherent (NYSE:COHR) Seems To Use Debt Quite Sensibly
Apr 05Recent updates
Is Coherent Corp. (NYSE:COHR) Trading At A 34% Discount?
Nov 05Coherent Corp.'s (NYSE:COHR) 29% Price Boost Is Out Of Tune With Revenues
Oct 16Coherent: The Future Looks Bright For This AI Growth Play
Oct 03Is It Too Late To Consider Buying Coherent Corp. (NYSE:COHR)?
Sep 19Coherent Corp.'s (NYSE:COHR) 32% Share Price Surge Not Quite Adding Up
Sep 01Earnings Update: Here's Why Analysts Just Lifted Their Coherent Corp. (NYSE:COHR) Price Target To US$80.63
Aug 17Coherent: It Needs A Coherent Plan To Improve Efficiencies
Aug 15Is Coherent (NYSE:COHR) Using Too Much Debt?
Jul 17An Intrinsic Calculation For Coherent Corp. (NYSE:COHR) Suggests It's 25% Undervalued
Jun 29Coherent Stock: New CEO Likely To Supercharge AI Prospects
Jun 05Not Many Are Piling Into Coherent Corp. (NYSE:COHR) Just Yet
May 29Coherent (NYSE:COHR) Seems To Use Debt Quite Sensibly
Apr 05Coherent Is Priced To Perfection But Still Has Upside Potential
Apr 03At US$59.73, Is Coherent Corp. (NYSE:COHR) Worth Looking At Closely?
Mar 15Coherent Corp. (NYSE:COHR) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable
Feb 23Estimating The Intrinsic Value Of Coherent Corp. (NYSE:COHR)
Feb 12Why Coherent Stock Is A Buy Despite Rising Nearly 20%
Feb 07Coherent Corp.'s (NYSE:COHR) Business Is Yet to Catch Up With Its Share Price
Dec 26Should You Think About Buying Coherent Corp. (NYSE:COHR) Now?
Nov 29Coherent: Strong SiC Growth In Robust Global EV Sector Despite U.S. Slump
Nov 29Coherent: Not Sending A Coherent Message
Oct 17Financial Position Analysis
Short Term Liabilities: COHR's short term assets ($3.6B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: COHR's short term assets ($3.6B) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: COHR's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: COHR's debt to equity ratio has reduced from 111.6% to 48.2% over the past 5 years.
Debt Coverage: COHR's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: COHR's interest payments on its debt are not well covered by EBIT (0.9x coverage).