Envista Holdings (STU:0HV) Debt-to-Equity : 0.40 (As of Mar. 2024)

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What is Envista Holdings Debt-to-Equity?

Envista Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €136 Mil. Envista Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,378 Mil. Envista Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €3,809 Mil. Envista Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.40.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Envista Holdings's Debt-to-Equity or its related term are showing as below:

STU:0HV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.4 Max: 0.62
Current: 0.4

During the past 8 years, the highest Debt-to-Equity Ratio of Envista Holdings was 0.62. The lowest was 0.36. And the median was 0.40.

STU:0HV's Debt-to-Equity is ranked worse than
64.61% of 698 companies
in the Medical Devices & Instruments industry
Industry Median: 0.215 vs STU:0HV: 0.40

Envista Holdings Debt-to-Equity Historical Data

The historical data trend for Envista Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Envista Holdings Debt-to-Equity Chart

Envista Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.43

0.53

0.36

0.40

Envista Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.36	0.36	0.38	0.40	0.40

Competitive Comparison of Envista Holdings's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Envista Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Envista Holdings's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Envista Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Envista Holdings's Debt-to-Equity falls into.

Envista Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Envista Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(133.515	+	1382.836)	/	3827.466
	=	0.40

Envista Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(136.16	+	1378.16)	/	3809.076
	=	0.40

Envista Holdings (STU:0HV) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Envista Holdings Debt-to-Equity Related Terms

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Envista Holdings (STU:0HV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Envista Holdings Corp (STU:0HV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NVST:USA 0HV:Germany

Address

200 S. Kraemer Boulevard, Building E, Brea, CA, USA, 92821

Website

https://www.envistaco.com

Envista Holdings Corp is a dental products company. It develops, manufactures, and markets portfolios of dental consumables, equipment, and services to dental professionals. The company's business consists of two segments comprising Specialty Products and Technologies and Equipment and Consumables. The Company's Specialty Products & Technologies segment develops, manufactures, and markets dental implant systems, including regenerative solutions, dental prosthetics, and associated treatment software and technologies, as well as orthodontic bracket systems, aligners, and lab products. The Company's Equipment & Consumables segment manufactures dental equipment and supplies used in dental offices, including digital imaging systems, software and other visualization/magnification systems.

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