Donaldson Company Balance Sheet Health
Financial Health criteria checks 6/6
Donaldson Company has a total shareholder equity of $1.4B and total debt of $614.1M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are $2.8B and $1.4B respectively. Donaldson Company's EBIT is $510.6M making its interest coverage ratio 24.2. It has cash and short-term investments of $193.8M.
Key information
44.6%
Debt to equity ratio
US$614.10m
Debt
Interest coverage ratio | 24.2x |
Cash | US$193.80m |
Equity | US$1.38b |
Total liabilities | US$1.41b |
Total assets | US$2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DNZ's short term assets ($1.3B) exceed its short term liabilities ($893.5M).
Long Term Liabilities: DNZ's short term assets ($1.3B) exceed its long term liabilities ($514.2M).
Debt to Equity History and Analysis
Debt Level: DNZ's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: DNZ's debt to equity ratio has reduced from 78.9% to 44.6% over the past 5 years.
Debt Coverage: DNZ's debt is well covered by operating cash flow (89.4%).
Interest Coverage: DNZ's interest payments on its debt are well covered by EBIT (24.2x coverage).