Boston Scientific (BSX-PA) Debt Metrics
Market Cap: $175.45B
Avg Volume: 191.49K
Industry: Medical - Devices
Sector: Healthcare
How much debt does Boston Scientific have?
According to Boston Scientific's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Boston Scientific's total debt stands at $10.75B. This is broken down into:
- Long-term debt: $8.97B
- Short-term debt: $1.78B
The company's net debt, which accounts for cash and cash equivalents, is $10.33B. In terms of overall financial obligations, Boston Scientific's total liabilities amount to $17.39B.
Debt Ratios and Metrics
To better understand Boston Scientific's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.49 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 27.28% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 8.53 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 29.18% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 33.05% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Boston Scientific's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$10.75B
Long-term Debt
$8.97B
Short-term Debt
$1.78B
Net Debt
$10.33B
Total Liabilities
$17.39B
Interest Coverage
8.53
Debt to Equity Ratio
0.49
Debt Ratio
27.28%
Boston Scientific Historical Debt Metrics
Boston Scientific Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $10.75B | $8.97B | $1.78B | $10.33B | $17.39B | 0.49 | 27.28% | 8.53 | 29.18% | 33.05% |
| 2023 | $9.49B | $8.96B | $531.00M | $8.63B | $15.61B | 0.49 | 27.02% | 8.84 | 30.76% | 32.99% |
| 2022 | $9.28B | $9.26B | $20.00M | $8.35B | $14.90B | 0.53 | 28.59% | 3.51 | 33.64% | 34.56% |
| 2021 | $9.45B | $9.19B | $261.00M | $7.53B | $15.61B | 0.57 | 29.32% | 5.99 | 34.61% | 36.25% |
| 2020 | $9.54B | $9.53B | $13.00M | $7.80B | $15.45B | 0.62 | 30.99% | 2.89 | 37.30% | 38.36% |
| 2019 | $10.28B | $8.87B | $1.42B | $10.06B | $16.69B | 0.74 | 33.62% | 3.21 | 38.22% | 42.55% |
| 2018 | $7.03B | $4.80B | $2.25B | $6.88B | $12.27B | 0.81 | 33.48% | 6.25 | 35.50% | 44.62% |
| 2017 | $5.58B | $3.82B | $1.80B | $5.39B | $12.03B | 0.80 | 29.29% | 5.61 | 35.24% | 44.31% |
| 2016 | $5.48B | $5.42B | $64.00M | $5.29B | $11.36B | 0.81 | 30.31% | 1.92 | 44.60% | 44.89% |
| 2015 | $5.68B | $5.67B | $3.00M | $5.36B | $11.81B | 0.90 | 31.31% | -1.15 | 47.31% | 47.32% |
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