Energizer Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Energizer Holdings has a total shareholder equity of $191.3M and total debt of $3.2B, which brings its debt-to-equity ratio to 1667.9%. Its total assets and total liabilities are $4.3B and $4.1B respectively. Energizer Holdings's EBIT is $454.1M making its interest coverage ratio 3.1. It has cash and short-term investments of $158.1M.
Key information
1,667.9%
Debt to equity ratio
US$3.19b
Debt
Interest coverage ratio | 3.1x |
Cash | US$158.10m |
Equity | US$191.30m |
Total liabilities | US$4.10b |
Total assets | US$4.29b |
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 ($668.1M).
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 (1585.2%) is considered high.
Reducing Debt: EGG's debt to equity ratio has increased from 546.9% to 1667.9% over the past 5 years.
Debt Coverage: EGG's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: EGG's interest payments on its debt are well covered by EBIT (3.1x coverage).