Generac Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Generac Holdings has a total shareholder equity of $2.3B and total debt of $1.5B, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are $5.1B and $2.7B respectively. Generac Holdings's EBIT is $386.7M making its interest coverage ratio 4.1. It has cash and short-term investments of $201.0M.
Key information
64.0%
Debt to equity ratio
US$1.50b
Debt
Interest coverage ratio | 4.1x |
Cash | US$200.99m |
Equity | US$2.35b |
Total liabilities | US$2.74b |
Total assets | US$5.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G84's short term assets ($2.0B) exceed its short term liabilities ($880.8M).
Long Term Liabilities: G84's short term assets ($2.0B) exceed its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: G84's net debt to equity ratio (55.5%) is considered high.
Reducing Debt: G84's debt to equity ratio has reduced from 109.9% to 64% over the past 5 years.
Debt Coverage: G84's debt is well covered by operating cash flow (34.7%).
Interest Coverage: G84's interest payments on its debt are well covered by EBIT (4.1x coverage).