Acushnet Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Acushnet Holdings has a total shareholder equity of $929.0M and total debt of $864.5M, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are $2.4B and $1.4B respectively. Acushnet Holdings's EBIT is $278.7M making its interest coverage ratio 6.3. It has cash and short-term investments of $47.7M.
Key information
93.0%
Debt to equity ratio
US$864.47m
Debt
Interest coverage ratio | 6.3x |
Cash | US$47.74m |
Equity | US$929.04m |
Total liabilities | US$1.43b |
Total assets | US$2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 163's short term assets ($1.2B) exceed its short term liabilities ($436.1M).
Long Term Liabilities: 163's short term assets ($1.2B) exceed its long term liabilities ($991.8M).
Debt to Equity History and Analysis
Debt Level: 163's net debt to equity ratio (87.9%) is considered high.
Reducing Debt: 163's debt to equity ratio has increased from 54.7% to 93% over the past 5 years.
Debt Coverage: 163's debt is well covered by operating cash flow (40.3%).
Interest Coverage: 163's interest payments on its debt are well covered by EBIT (6.3x coverage).