Arrow Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Arrow Electronics has a total shareholder equity of $5.8B and total debt of $3.6B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are $20.3B and $14.5B respectively. Arrow Electronics's EBIT is $1.4B making its interest coverage ratio 5.1. It has cash and short-term investments of $242.8M.
Key information
62.0%
Debt to equity ratio
US$3.58b
Debt
Interest coverage ratio | 5.1x |
Cash | US$242.81m |
Equity | US$5.77b |
Total liabilities | US$14.49b |
Total assets | US$20.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HI1's short term assets ($16.9B) exceed its short term liabilities ($11.4B).
Long Term Liabilities: 0HI1's short term assets ($16.9B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: 0HI1's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: 0HI1's debt to equity ratio has reduced from 67.5% to 62% over the past 5 years.
Debt Coverage: 0HI1's debt is well covered by operating cash flow (24.7%).
Interest Coverage: 0HI1's interest payments on its debt are well covered by EBIT (5.1x coverage).