Coherent Balance Sheet Health
Financial Health criteria checks 1/6
Coherent has a total shareholder equity of $8.1B and total debt of $4.2B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are $14.7B and $6.5B respectively. Coherent's EBIT is $351.3M making its interest coverage ratio 1.2. It has cash and short-term investments of $877.3M.
Key information
51.7%
Debt to equity ratio
US$4.21b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$877.26m |
| Equity | US$8.15b |
| Total liabilities | US$6.52b |
| Total assets | US$14.66b |
Recent financial health updates
Coherent (NYSE:COHR) Seems To Use Debt Quite Sensibly
Apr 05
Is Coherent (NYSE:COHR) A Risky Investment?
Sep 04Here's Why Coherent (NYSE:COHR) Has A Meaningful Debt Burden
Jun 02Recent updates
Coherent (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 17Coherent Corp. (NYSE:COHR) Shares Could Be 39% Below Their Intrinsic Value Estimate
Oct 01Is Coherent (NYSE:COHR) A Risky Investment?
Sep 04Coherent Fiscal Q4 Earnings: Disappointing Outlook, Deteriorating Profitability
Aug 16Should You Investigate Coherent Corp. (NYSE:COHR) At US$47.28?
Jul 26Coherent: Benefiting From Migration To Ethernet Switching Attached To AI/ML
Jun 26Estimating The Intrinsic Value Of Coherent Corp. (NYSE:COHR)
Jun 20Coherent: Discounted And Attractive Entry Point For The Medium To Long Term
Jun 14Coherent: Short-Term Macro Headwinds Have Been Outweighing Silicon Carbide Tailwinds
Jun 02Here's Why Coherent (NYSE:COHR) Has A Meaningful Debt Burden
Jun 02These Analysts Think Coherent Corp.'s (NYSE:COHR) Earnings Are Under Threat
May 12Financial Position Analysis
Short Term Liabilities: COHR's short term assets ($3.4B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: COHR's short term assets ($3.4B) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: COHR's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: COHR's debt to equity ratio has increased from 44.8% to 51.7% over the past 5 years.
Debt Coverage: COHR's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: COHR's interest payments on its debt are not well covered by EBIT (1.2x coverage).