Generac Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Generac Holdings has a total shareholder equity of $2.4B and total debt of $1.4B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are $5.2B and $2.8B respectively. Generac Holdings's EBIT is $490.2M making its interest coverage ratio 5.6. It has cash and short-term investments of $214.2M.
Key information
59.5%
Debt to equity ratio
US$1.43b
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$214.18m |
| Equity | US$2.41b |
| Total liabilities | US$2.77b |
| Total assets | US$5.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNRC *'s short term assets ($2.1B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: GNRC *'s short term assets ($2.1B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: GNRC *'s net debt to equity ratio (50.6%) is considered high.
Reducing Debt: GNRC *'s debt to equity ratio has reduced from 93.2% to 59.5% over the past 5 years.
Debt Coverage: GNRC *'s debt is well covered by operating cash flow (50.1%).
Interest Coverage: GNRC *'s interest payments on its debt are well covered by EBIT (5.6x coverage).