Flowserve Balance Sheet Health
Financial Health criteria checks 4/6
Flowserve has a total shareholder equity of $1.9B and total debt of $1.2B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are $4.9B and $3.0B respectively. Flowserve's EBIT is $286.8M making its interest coverage ratio 6.1. It has cash and short-term investments of $404.7M.
Key information
65.9%
Debt to equity ratio
US$1.24b
Debt
Interest coverage ratio | 6.1x |
Cash | US$404.73m |
Equity | US$1.88b |
Total liabilities | US$3.00b |
Total assets | US$4.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLS *'s short term assets ($2.5B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: FLS *'s short term assets ($2.5B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: FLS *'s net debt to equity ratio (44.4%) is considered high.
Reducing Debt: FLS *'s debt to equity ratio has reduced from 92.3% to 65.9% over the past 5 years.
Debt Coverage: FLS *'s debt is not well covered by operating cash flow (1.1%).
Interest Coverage: FLS *'s interest payments on its debt are well covered by EBIT (6.1x coverage).