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Stryker (FRA:SYK) Debt-to-Revenue : 0.61 (As of Mar. 2024)


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What is Stryker Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Stryker's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,893 Mil. Stryker's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €9,942 Mil. Stryker's annualized Revenue for the quarter that ended in Mar. 2024 was €19,294 Mil. Stryker's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.61.


Stryker Debt-to-Revenue Historical Data

The historical data trend for Stryker's Debt-to-Revenue can be seen below:

* 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.

* Premium members only.

Stryker Debt-to-Revenue Chart

Stryker Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.98 0.73 0.71 0.63

Stryker Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.65 0.65 0.56 0.61

Competitive Comparison of Stryker's Debt-to-Revenue

For the Medical Devices subindustry, Stryker's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Stryker's Debt-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Stryker's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Stryker's Debt-to-Revenue falls into.



Stryker Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Stryker's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1920.198 + 9996.217) / 18796.666
=0.63

Stryker's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1893.36 + 9942.44) / 19294.24
=0.61

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Stryker Debt-to-Revenue Related Terms

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Stryker (FRA:SYK) Business Description

Address
2825 Airview Boulevard, Kalamazoo, MI, USA, 49002
Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Just over one fourth of Stryker's total revenue currently comes from outside the United States.

Stryker (FRA:SYK) Headlines

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