Enerpac Tool Group Balance Sheet Health
Financial Health criteria checks 6/6
Enerpac Tool Group has a total shareholder equity of $392.0M and total debt of $194.5M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are $777.3M and $385.3M respectively. Enerpac Tool Group's EBIT is $137.3M making its interest coverage ratio 10.9. It has cash and short-term investments of $167.1M.
Key information
49.6%
Debt to equity ratio
US$194.50m
Debt
| Interest coverage ratio | 10.9x |
| Cash | US$167.09m |
| Equity | US$391.98m |
| Total liabilities | US$385.35m |
| Total assets | US$777.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PW9's short term assets ($372.3M) exceed its short term liabilities ($129.4M).
Long Term Liabilities: PW9's short term assets ($372.3M) exceed its long term liabilities ($256.0M).
Debt to Equity History and Analysis
Debt Level: PW9's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: PW9's debt to equity ratio has reduced from 152.9% to 49.6% over the past 5 years.
Debt Coverage: PW9's debt is well covered by operating cash flow (41.8%).
Interest Coverage: PW9's interest payments on its debt are well covered by EBIT (10.9x coverage).