Woodward Balance Sheet Health
Financial Health criteria checks 6/6
Woodward has a total shareholder equity of $2.3B and total debt of $792.9M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are $4.4B and $2.0B respectively. Woodward's EBIT is $446.8M making its interest coverage ratio 14.6. It has cash and short-term investments of $316.9M.
Key information
34.0%
Debt to equity ratio
US$792.93m
Debt
Interest coverage ratio | 14.6x |
Cash | US$316.93m |
Equity | US$2.33b |
Total liabilities | US$2.04b |
Total assets | US$4.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WW1's short term assets ($1.8B) exceed its short term liabilities ($691.9M).
Long Term Liabilities: WW1's short term assets ($1.8B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: WW1's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: WW1's debt to equity ratio has reduced from 68.6% to 34% over the past 5 years.
Debt Coverage: WW1's debt is well covered by operating cash flow (52%).
Interest Coverage: WW1's interest payments on its debt are well covered by EBIT (14.6x coverage).