Energizer Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Energizer Holdings has a total shareholder equity of $123.4M and total debt of $3.2B, which brings its debt-to-equity ratio to 2576.2%. Its total assets and total liabilities are $4.2B and $4.1B respectively. Energizer Holdings's EBIT is $468.9M making its interest coverage ratio 3.3. It has cash and short-term investments of $146.7M.
Key information
2,576.2%
Debt to equity ratio
US$3.18b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$146.70m |
| Equity | US$123.40m |
| Total liabilities | US$4.12b |
| Total assets | US$4.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGG's short term assets ($1.4B) exceed its short term liabilities ($700.6M).
Long Term Liabilities: EGG's short term assets ($1.4B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: EGG's net debt to equity ratio (2457.3%) is considered high.
Reducing Debt: EGG's debt to equity ratio has increased from 613.1% to 2576.2% over the past 5 years.
Debt Coverage: EGG's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: EGG's interest payments on its debt are well covered by EBIT (3.3x coverage).