ANSYS Balance Sheet Health
Financial Health criteria checks 5/6
ANSYS has a total shareholder equity of $5.8B and total debt of $754.1M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are $7.6B and $1.8B respectively. ANSYS's EBIT is $695.3M making its interest coverage ratio 120.3. It has cash and short-term investments of $1.3B.
Key information
12.9%
Debt to equity ratio
US$754.13m
Debt
| Interest coverage ratio | 120.3x |
| Cash | US$1.30b |
| Equity | US$5.83b |
| Total liabilities | US$1.78b |
| Total assets | US$7.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKX's short term assets ($2.3B) exceed its short term liabilities ($754.5M).
Long Term Liabilities: AKX's short term assets ($2.3B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: AKX has more cash than its total debt.
Reducing Debt: AKX's debt to equity ratio has increased from 0% to 12.9% over the past 5 years.
Debt Coverage: AKX's debt is well covered by operating cash flow (102.2%).
Interest Coverage: AKX's interest payments on its debt are well covered by EBIT (120.3x coverage).