Plexus Balance Sheet Health
Financial Health criteria checks 5/6
Plexus has a total shareholder equity of $1.3B and total debt of $397.1M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are $3.3B and $2.0B respectively. Plexus's EBIT is $206.6M making its interest coverage ratio 7.1. It has cash and short-term investments of $232.0M.
Key information
31.3%
Debt to equity ratio
US$397.06m
Debt
Interest coverage ratio | 7.1x |
Cash | US$231.98m |
Equity | US$1.27b |
Total liabilities | US$2.04b |
Total assets | US$3.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PX4's short term assets ($2.7B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: PX4's short term assets ($2.7B) exceed its long term liabilities ($294.3M).
Debt to Equity History and Analysis
Debt Level: PX4's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: PX4's debt to equity ratio has increased from 14% to 31.3% over the past 5 years.
Debt Coverage: PX4's debt is well covered by operating cash flow (53.3%).
Interest Coverage: PX4's interest payments on its debt are well covered by EBIT (7.1x coverage).