Flowserve Balance Sheet Health
Financial Health criteria checks 6/6
Flowserve has a total shareholder equity of $2.0B and total debt of $1.2B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are $5.1B and $3.2B respectively. Flowserve's EBIT is $441.0M making its interest coverage ratio 7.4. It has cash and short-term investments of $532.0M.
Key information
59.9%
Debt to equity ratio
US$1.20b
Debt
Interest coverage ratio | 7.4x |
Cash | US$531.98m |
Equity | US$2.00b |
Total liabilities | US$3.15b |
Total assets | US$5.15b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IQE's short term assets ($2.8B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: 0IQE's short term assets ($2.8B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: 0IQE's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: 0IQE's debt to equity ratio has reduced from 85.3% to 59.9% over the past 5 years.
Debt Coverage: 0IQE's debt is well covered by operating cash flow (30.2%).
Interest Coverage: 0IQE's interest payments on its debt are well covered by EBIT (7.4x coverage).