EnerSys Balance Sheet Health
Financial Health criteria checks 6/6
EnerSys has a total shareholder equity of $1.7B and total debt of $911.8M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are $3.5B and $1.8B respectively. EnerSys's EBIT is $416.0M making its interest coverage ratio 7.7. It has cash and short-term investments of $332.7M.
Key information
52.7%
Debt to equity ratio
US$911.77m
Debt
Interest coverage ratio | 7.7x |
Cash | US$332.71m |
Equity | US$1.73b |
Total liabilities | US$1.77b |
Total assets | US$3.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FDN's short term assets ($1.8B) exceed its short term liabilities ($662.9M).
Long Term Liabilities: FDN's short term assets ($1.8B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: FDN's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: FDN's debt to equity ratio has reduced from 82.4% to 52.7% over the past 5 years.
Debt Coverage: FDN's debt is well covered by operating cash flow (50.9%).
Interest Coverage: FDN's interest payments on its debt are well covered by EBIT (7.7x coverage).