Coherent Balance Sheet Health
Financial Health criteria checks 2/6
Coherent has a total shareholder equity of $7.9B and total debt of $4.1B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are $14.5B and $6.5B respectively. Coherent's EBIT is $123.2M making its interest coverage ratio 0.4. It has cash and short-term investments of $926.0M.
Key information
51.6%
Debt to equity ratio
US$4.10b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$926.03m |
| Equity | US$7.95b |
| Total liabilities | US$6.54b |
| Total assets | US$14.49b |
Recent financial health updates
Is Coherent (NYSE:COHR) Using Too Much Debt?
Jul 17
Coherent (NYSE:COHR) Seems To Use Debt Quite Sensibly
Apr 05Is Coherent (NYSE:COHR) A Risky Investment?
Sep 04Recent updates
Earnings 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 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 26Financial Position Analysis
Short Term Liabilities: COHR's short term assets ($3.7B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: COHR's short term assets ($3.7B) do not cover its long term liabilities ($5.2B).
Debt to Equity History and Analysis
Debt Level: COHR's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: COHR's debt to equity ratio has increased from 41.2% to 51.6% over the past 5 years.
Debt Coverage: COHR's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: COHR's interest payments on its debt are not well covered by EBIT (0.4x coverage).