Pentair Balance Sheet Health
Financial Health criteria checks 2/6
Pentair has a total shareholder equity of $2.6B and total debt of $2.4B, which brings its debt-to-equity ratio to 92.8%. Its total assets and total liabilities are $6.5B and $3.9B respectively. Pentair's EBIT is $671.0M making its interest coverage ratio 19.1. It has cash and short-term investments of $118.8M.
Key information
92.8%
Debt to equity ratio
US$2.45b
Debt
Interest coverage ratio | 19.1x |
Cash | US$118.80m |
Equity | US$2.64b |
Total liabilities | US$3.87b |
Total assets | US$6.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNT's short term assets ($1.6B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: PNT's short term assets ($1.6B) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: PNT's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: PNT's debt to equity ratio has increased from 29.8% to 92.8% over the past 5 years.
Debt Coverage: PNT's debt is not well covered by operating cash flow (14%).
Interest Coverage: PNT's interest payments on its debt are well covered by EBIT (19.1x coverage).