Flowserve Balance Sheet Health
Financial Health criteria checks 6/6
Flowserve has a total shareholder equity of $2.0B and total debt of $1.2B, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are $5.1B and $3.1B respectively. Flowserve's EBIT is $399.3M making its interest coverage ratio 6.7. It has cash and short-term investments of $545.7M.
Key information
61.5%
Debt to equity ratio
US$1.21b
Debt
Interest coverage ratio | 6.7x |
Cash | US$545.68m |
Equity | US$1.98b |
Total liabilities | US$3.13b |
Total assets | US$5.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F1LS34's short term assets ($2.7B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: F1LS34's short term assets ($2.7B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: F1LS34's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: F1LS34's debt to equity ratio has reduced from 88.5% to 61.5% over the past 5 years.
Debt Coverage: F1LS34's debt is well covered by operating cash flow (26.8%).
Interest Coverage: F1LS34's interest payments on its debt are well covered by EBIT (6.7x coverage).