Danaher Corporation (DHR)
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.57 | 1.57 | 1.57 | 1.56 | 1.58 | 1.67 | 1.64 | 1.65 | 1.68 | 1.72 | 1.76 | 1.80 | 1.84 | 1.90 | 1.82 | 1.87 | 1.92 | 1.92 | 1.97 | 2.22 |
Danaher Corporation demonstrates strong solvency ratios based on the provided data. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio all consistently stand at 0.00 across multiple periods, indicating that the company operates with minimal debt relative to its assets, capital, and equity. This suggests a conservative financial structure and low financial risk.
Furthermore, the Financial leverage ratio shows a declining trend from 2.22 on March 31, 2020, to 1.57 on December 31, 2024. This trend indicates that Danaher's reliance on debt to finance its operations has been decreasing over time, strengthening its financial position and reducing potential financial distress.
Overall, the solvency ratios reflect Danaher Corporation's strong financial health and prudent management of its capital structure, ensuring stability and resilience in the face of economic uncertainties.
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 | 12.84 | 16.63 | 18.91 | 19.80 | 21.44 | 25.94 | 31.59 | 37.24 | 41.18 | 42.62 | 38.14 | 35.46 | 34.71 | 30.13 | 26.41 | 20.77 | 16.36 | 15.79 | 17.21 | 24.40 |
Danaher Corporation's interest coverage ratio has displayed a generally positive trend over the mentioned periods, reflecting the company's ability to cover its interest expenses with its operating income. Starting at 24.40 in March 2020, the ratio peaked at 42.62 in September 2022 before showing a gradual decline. By December 2024, the interest coverage ratio had decreased to 12.84, potentially indicating a decrease in the company's ability to cover its interest obligations from its earnings.
Overall, fluctuations in the interest coverage ratio over the analyzed period suggest a varying level of risk in Danaher Corporation's debt-servicing ability, potentially influenced by changes in operating income and interest expenses. It is crucial for investors and lenders to monitor this ratio closely to assess the company's financial health and its capacity to manage debt obligations effectively.