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Cash And Short Term Investments for Zimmer Biomet Holdings Inc

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ZBH: Zimmer Biomet Holdings Inc

Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates as a medical technology company worldwide. The company designs, manufactures, and markets orthopedic reconstructive products, suc...

112.50 USD
Price
USD
Fair Value
Upside
97.69 - 130.89
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Zimmer Biomet Holdings Inc's Cash And Short Term Investments:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 2024500 M1 B1.5 B

Performance Summary
  • Zimmer Biomet's cash and short term investments last quarter was 527.1 million
  • Zimmer Biomet's cash and short term investments for fiscal years ending December 2020 to 2024 averaged 504.4 million.
  • Zimmer Biomet's operated at median cash and short term investments of 415.8 million from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, Zimmer Biomet's cash and short term investments peaked in December 2020 at 802.1 million.
  • Zimmer Biomet's cash and short term investments hit its 5-year low in December 2022 of 382.5 million.
  • Zimmer Biomet's cash and short term investments decreased in 2021 (394.4 million, -50.8%) and 2022 (382.5 million, -3.0%) and increased in 2020 (802.1 million, +29.8%), 2023 (415.8 million, +8.7%), and 2024 (527.1 million, +26.8%).

How does Zimmer Biomet's Cash And Short Term Investments benchmark against competitors?

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We've identified the following companies as similar to Zimmer Biomet Holdings Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Cash And Short Term Investments

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To view the full list of supported financial metrics please see Complete Metrics Listing.

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Metrics similar to Cash And Short Term Investments in the financials category include:

  • EBIT - Income before interest and taxes adjusted for certain one-time items.
  • Restricted Cash - This item represents cash and cash equivalents, which are restricted for use or transfer, and normally consists of funds held in escrow or cash restricted in use.
  • Gains (Loss) on Currency Exchange - This item represents any gain (loss) that arises on exchanging one currency for another. Includes foreign currency fluctuation gains and losses; gain or (loss) from foreign currency forward contracts; gain or (loss) arising from translation of assets and liabilities; and denominated in foreign currencies to reporting currency
  • Other Unusual Items (Additional) - This item represents the sum of all non-recurring income (expense) such as write off of inventories and note receivable, impairment of goodwill and any other special, unusual and one time income (expense).
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Cash And Short Term Investments

Cash deposits at financial institutions that can immediately be withdrawn at any time, and investments maturing in one year or less that are highly li...

Definition of Cash And Short Term Investments

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Zimmer Biomet reported cash and short term investments of 527.1 M for the latest quarter ending December 31, 2024 on its balance sheet.

The tables below summarizes Zimmer Biomet’s Cash And Short Term Investments and common size over the last five years:

Fiscal YearCash And Short Term InvestmentsAssets% Assets
2020-12-31802.1 M24.418 B3.3%
2021-12-31394.4 M23.456 B1.7%
2022-12-31382.5 M21.066 B1.8%
2023-12-31415.8 M21.497 B1.9%
2024-12-31527.1 M21.365 B2.5%

The tables below summarizes Zimmer Biomet’s Cash And Short Term Investments and common size over the last four quarters:

Quarter EndingCash And Short Term InvestmentsAssets% Assets
2024-03-31393 M21.452 B1.8%
2024-06-30420.1 M21.52 B2.0%
2024-09-30569 M21.72 B2.6%
2024-12-31527.1 M21.365 B2.5%

Click the link below to download a spreadsheet with an example Cash And Short Term Investments calculation for Zimmer Biomet Holdings Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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59.591 M809.6 M1.56 B2.92 B0100200

The chart above depicts the distribution of cash and short term investments for companies operating in the Healthcare sector in the Developed economic region. Over 2,480 companies were considered in this analysis, and 2,384 had meaningful values. The average cash and short term investments of companies in the sector is 140.6 M with a standard deviation of 332.1 M.

Zimmer Biomet Holdings Inc's Cash And Short Term Investments of 527.1 M ranks in the 92.1% percentile for the sector. The following table provides additional summary stats:

Cash And Short Term Investments In The Healthcare Sector
Economic Risk RegionDeveloped
Total Constituents2,484
Included Constituents2,384
Min3.409 K
Max2.915 B
Median16.849 M
Mean140.6 M
Standard Deviation332.1 M

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