Bruker Corporation (BRKR)

Solvency ratios

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Debt-to-assets ratio 0.36 0.37 0.36 0.30 0.27 0.29 0.29 0.29 0.33 0.34 0.35 0.34 0.33 0.23 0.23 0.24 0.28 0.29 0.31 0.31
Debt-to-capital ratio 0.54 0.56 0.54 0.49 0.46 0.48 0.48 0.48 0.52 0.55 0.55 0.54 0.53 0.40 0.42 0.43 0.47 0.47 0.51 0.50
Debt-to-equity ratio 1.16 1.25 1.19 0.96 0.84 0.91 0.91 0.94 1.08 1.21 1.21 1.19 1.14 0.67 0.72 0.74 0.88 0.87 1.03 1.00
Financial leverage ratio 3.26 3.38 3.30 3.18 3.09 3.16 3.13 3.19 3.24 3.56 3.49 3.49 3.41 2.91 3.08 3.14 3.17 3.02 3.28 3.23

Bruker Corporation's solvency ratios provide insight into the company's ability to meet its long-term financial obligations.

1. Debt-to-assets ratio:
- The debt-to-assets ratio has been relatively stable, fluctuating between 0.23 to 0.37 over the past few years. This indicates that, on average, around 23% to 37% of Bruker Corporation's assets are financed by debt.

2. Debt-to-capital ratio:
- The debt-to-capital ratio shows a similar trend to the debt-to-assets ratio, ranging from 0.40 to 0.56. This ratio signifies the proportion of the company's capital that is funded by debt, with values varying between 40% to 56%.

3. Debt-to-equity ratio:
- The debt-to-equity ratio has shown more variability, moving between 0.67 to 1.25 over the examined period. This ratio illustrates the extent to which the company's operations are financed by debt relative to equity, ranging from 67% to 125%.

4. Financial leverage ratio:
- The financial leverage ratio, ranging from 2.91 to 3.56, demonstrates the degree of financial risk Bruker Corporation undertakes through its utilization of debt in its capital structure. This ratio indicates that the company, on average, has leveraged its assets by approximately 2.91 to 3.56 times.

Overall, these solvency ratios suggest that Bruker Corporation maintains a moderate level of debt relative to its assets, capital, and equity, with varying levels of financial leverage over the analyzed period. It is important for stakeholders to monitor these ratios to assess the company's ability to fulfill its long-term financial obligations.

Coverage ratios

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Interest coverage 6.33 11.72 16.72 30.15 33.75 26.48 27.44 52.94 51.99 100.33 81.96 29.09 29.11 20.44 19.30 19.81 17.36 19.48 18.83 18.61

The interest coverage ratio for Bruker Corporation has shown fluctuating trends over the past few years. From the data provided, we can see that the interest coverage ratio was consistently strong, ranging between 18.61 and 19.81 from March 2020 to March 2021. However, there was a significant increase in the ratio from June 2021 to September 2022, reaching a peak of 100.33 in September 2022.

Subsequently, the interest coverage ratio experienced a sharp decline, dropping to 6.33 by December 2024. This substantial decrease in the ratio may indicate a potential strain on the company's ability to cover its interest expenses with operating income.

Overall, it is important for investors and stakeholders to monitor Bruker Corporation's interest coverage ratio closely, particularly in light of the recent decline, to assess the company's financial health and ability to meet its debt obligations.