Enerpac Tool Group Balance Sheet Health
Financial Health criteria checks 6/6
Enerpac Tool Group has a total shareholder equity of $365.8M and total debt of $195.7M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are $749.5M and $383.7M respectively. Enerpac Tool Group's EBIT is $135.7M making its interest coverage ratio 10.4. It has cash and short-term investments of $132.4M.
Key information
53.5%
Debt to equity ratio
US$195.71m
Debt
| Interest coverage ratio | 10.4x |
| Cash | US$132.36m |
| Equity | US$365.77m |
| Total liabilities | US$383.69m |
| Total assets | US$749.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PW9's short term assets ($347.8M) exceed its short term liabilities ($122.0M).
Long Term Liabilities: PW9's short term assets ($347.8M) exceed its long term liabilities ($261.7M).
Debt to Equity History and Analysis
Debt Level: PW9's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: PW9's debt to equity ratio has reduced from 78.2% to 53.5% over the past 5 years.
Debt Coverage: PW9's debt is well covered by operating cash flow (44.7%).
Interest Coverage: PW9's interest payments on its debt are well covered by EBIT (10.4x coverage).