ESAB Balance Sheet Health
Financial Health criteria checks 3/6
ESAB has a total shareholder equity of $1.9B and total debt of $1.1B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are $4.1B and $2.2B respectively. ESAB's EBIT is $466.1M making its interest coverage ratio 6.2. It has cash and short-term investments of $253.7M.
Key information
57.5%
Debt to equity ratio
US$1.08b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$253.67m |
| Equity | US$1.88b |
| Total liabilities | US$2.21b |
| Total assets | US$4.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O03's short term assets ($1.2B) exceed its short term liabilities ($637.1M).
Long Term Liabilities: O03's short term assets ($1.2B) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: O03's net debt to equity ratio (44%) is considered high.
Reducing Debt: Insufficient data to determine if O03's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: O03's debt is well covered by operating cash flow (32.5%).
Interest Coverage: O03's interest payments on its debt are well covered by EBIT (6.2x coverage).