ESCO Technologies Balance Sheet Health
Financial Health criteria checks 6/6
ESCO Technologies has a total shareholder equity of $1.2B and total debt of $173.0M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are $1.8B and $617.4M respectively. ESCO Technologies's EBIT is $139.4M making its interest coverage ratio 12. It has cash and short-term investments of $63.0M.
Key information
14.5%
Debt to equity ratio
US$173.00m
Debt
| Interest coverage ratio | 12x |
| Cash | US$63.04m |
| Equity | US$1.19b |
| Total liabilities | US$617.37m |
| Total assets | US$1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ET7's short term assets ($652.9M) exceed its short term liabilities ($311.2M).
Long Term Liabilities: ET7's short term assets ($652.9M) exceed its long term liabilities ($306.2M).
Debt to Equity History and Analysis
Debt Level: ET7's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: ET7's debt to equity ratio has reduced from 27% to 14.5% over the past 5 years.
Debt Coverage: ET7's debt is well covered by operating cash flow (59.6%).
Interest Coverage: ET7's interest payments on its debt are well covered by EBIT (12x coverage).