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?
Dec 08
Is Coherent (NYSE:COHR) Using Too Much Debt?
Jul 17Coherent (NYSE:COHR) Seems To Use Debt Quite Sensibly
Apr 05Recent updates
Coherent: Boosted By A Reliable Leadership Team And An Exciting Future
Dec 11Is Coherent (NYSE:COHR) Using Too Much Debt?
Dec 08Is 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 26Coherent: 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 20:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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
Coherent Corp. is covered by 34 analysts. 18 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 |
| Thomas O'Malley | Barclays |
| Ted Moreau | Barrington Research Associates, Inc. |