A Look Into Zimmer Biomet Holdings' Debt
Portfolio Pulse from Benzinga Insights
Zimmer Biomet Holdings Inc. (NYSE:ZBH) has seen its shares rise by 2.50% over the past three months. The company's total debt stands at $5.79 billion, with net debt at $5.46 billion after adjusting for cash equivalents. The debt ratio of the company is 0.27, indicating a moderate level of financial leverage. Debt is a crucial factor in a company's capital structure and can impact its growth and cash flow.
July 21, 2023 | 7:15 pm
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Zimmer Biomet Holdings has a moderate level of debt with a debt ratio of 0.27. This could impact the company's growth and cash flow, but also provides financial leverage.
Zimmer Biomet Holdings' debt level is moderate, which can be both a risk and an opportunity. On one hand, high debt can lead to financial distress if the company fails to meet its obligations. On the other hand, debt provides financial leverage that can enhance returns for equity holders. The company's debt ratio of 0.27 is within a reasonable range, suggesting a balanced capital structure. However, the impact on the stock price will depend on the company's ability to manage its debt effectively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100