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Intuitive Surgical Financial Strength

: 10 (As of Jun. 2022)
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Intuitive Surgical has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Intuitive Surgical Inc shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Intuitive Surgical has no debt. Intuitive Surgical's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.00. As of today, Intuitive Surgical's Altman Z-Score is 33.18.


Competitive Comparison

For the Medical Instruments & Supplies subindustry, Intuitive Surgical's Financial Strength, along with its competitors' market caps and Financial Strength 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.

   

Intuitive Surgical Financial Strength Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Intuitive Surgical's Financial Strength distribution charts can be found below:

* The bar in red indicates where Intuitive Surgical's Financial Strength falls into.



Intuitive Surgical Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Intuitive Surgical's Interest Expense for the months ended in Jun. 2022 was $0 Mil. Its Operating Income for the months ended in Jun. 2022 was $398 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0 Mil.

Intuitive Surgical's Interest Coverage for the quarter that ended in Jun. 2022 is

Intuitive Surgical had no debt.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Intuitive Surgical Inc has no debt.

2. Debt to revenue ratio. The lower, the better.

Intuitive Surgical's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 6088.4
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Intuitive Surgical has a Z-score of 33.18, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 33.18 is strong.

* 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.


Intuitive Surgical  (NAS:ISRG) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Intuitive Surgical has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Intuitive Surgical Financial Strength Related Terms

Thank you for viewing the detailed overview of Intuitive Surgical's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Intuitive Surgical Business Description

Intuitive Surgical logo
Address
1020 Kifer Road, Sunnyvale, CA, USA, 94086-5304
Intuitive Surgical develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed nearly 6,000 da Vinci systems in hospitals worldwide, with nearly 4,000 installations in the United States and a growing number in emerging markets.
Executives
Widman Fredrik officer: VP Corporate Controller 1020 KIFER ROAD 1020 KIFER ROAD SUNNYVALE CA 94086
Charlton Henry L officer: Senior Vice President & Chief 1020 KIFER ROAD 1020 KIFER ROAD SUNNYVALE CA 94086
Reed Monica P director 1020 KIFER ROAD SUNNYVALE CA 94086
Desantis Robert officer: Executive VP & GM IA&E C/O INTUITIVE SURGICAL, INC. 1020 KIFER ROAD SUNNYVALE CA 94086
Beery Joseph C director C/O AMERICA WEST HOLDINGS CORPORATION 111 W RIO SALADO PARKWAY TEMPE AZ 85281
Ladd Amy L director INTUITIVE SURGICAL, INC 1020 KIFER RD SUNNYVALE CA 94086
Andersen Reiter Kara officer: Sr VP General Counsel & CCO 1020 KIFER ROAD SUNNYVALE CA 94086
Kania Don R director C/O FEI COMPANY 5350 NE DAWSON CREEK DRIVE HILLSBORO OR 97124
Nachtsheim Jami K director, other: Board of Director
Leonard Keith R director ARYX THERAPEUTICS,INC. 6300 DUMBARTON CIRCLE FREMONT CA 94555
Friedman Michael A director 28903 NORTH AVENUE PAINE VALENCIA CA 91355
Curet Myriam officer: SVP & Chief Medical Officer, other: SVP & Chief Medical Officer 1020 KIFER ROAD SUNNYVALE CA 94086
Samath Jamie officer: Chief Accounting Officer NATIONAL SEMICONDUCTOR 2900 SEMICONDUCTOR DR, M/S C1-640 SANTA CLARA CA 95051
Stalk George Jr director 950 KIFER ROAD SUNNYVALE CA 94086
Johnson Amal M director C/O MELLANOX TECHNOLOGIES, INC. 350 OAKMEAD PARKWAY, SUITE 100 SUNNYVALE CA 94085

Intuitive Surgical Headlines

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