Pentair Balance Sheet Health
Financial Health criteria checks 4/6
Pentair has a total shareholder equity of $3.5B and total debt of $1.6B, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are $6.5B and $3.0B respectively. Pentair's EBIT is $864.0M making its interest coverage ratio 8.6. It has cash and short-term investments of $218.1M.
Key information
46.5%
Debt to equity ratio
US$1.63b
Debt
| Interest coverage ratio | 8.6x |
| Cash | US$218.10m |
| Equity | US$3.50b |
| Total liabilities | US$2.97b |
| Total assets | US$6.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P1NR34's short term assets ($1.5B) exceed its short term liabilities ($928.8M).
Long Term Liabilities: P1NR34's short term assets ($1.5B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: P1NR34's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: P1NR34's debt to equity ratio has reduced from 59.9% to 46.5% over the past 5 years.
Debt Coverage: P1NR34's debt is well covered by operating cash flow (49%).
Interest Coverage: P1NR34's interest payments on its debt are well covered by EBIT (8.6x coverage).