Emerson Electric Balance Sheet Health
Financial Health criteria checks 5/6
Emerson Electric has a total shareholder equity of $27.5B and total debt of $7.7B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are $44.2B and $16.7B respectively. Emerson Electric's EBIT is $3.0B making its interest coverage ratio 33.9. It has cash and short-term investments of $3.6B.
Key information
27.9%
Debt to equity ratio
US$7.69b
Debt
Interest coverage ratio | 33.9x |
Cash | US$3.59b |
Equity | US$27.51b |
Total liabilities | US$16.74b |
Total assets | US$44.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMR's short term assets ($10.2B) exceed its short term liabilities ($5.7B).
Long Term Liabilities: EMR's short term assets ($10.2B) do not cover its long term liabilities ($11.0B).
Debt to Equity History and Analysis
Debt Level: EMR's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: EMR's debt to equity ratio has reduced from 69.2% to 27.9% over the past 5 years.
Debt Coverage: EMR's debt is well covered by operating cash flow (43.3%).
Interest Coverage: EMR's interest payments on its debt are well covered by EBIT (33.9x coverage).