Woodward Balance Sheet Health
Financial Health criteria checks 6/6
Woodward has a total shareholder equity of $2.3B and total debt of $791.0M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are $4.4B and $2.0B respectively. Woodward's EBIT is $440.4M making its interest coverage ratio 14.3. It has cash and short-term investments of $316.9M.
Key information
34.0%
Debt to equity ratio
US$791.04m
Debt
| Interest coverage ratio | 14.3x |
| Cash | US$316.93m |
| Equity | US$2.33b |
| Total liabilities | US$2.04b |
| Total assets | US$4.37b |
Recent financial health updates
Woodward (NASDAQ:WWD) Has A Rock Solid Balance Sheet
Apr 22
We Think Woodward (NASDAQ:WWD) Can Manage Its Debt With Ease
Jan 03Woodward (NASDAQ:WWD) Has A Pretty Healthy Balance Sheet
Sep 29Here's Why Woodward (NASDAQ:WWD) Can Manage Its Debt Responsibly
Jun 29Is Woodward (NASDAQ:WWD) Using Too Much Debt?
Mar 03Here's Why Woodward (NASDAQ:WWD) Can Manage Its Debt Responsibly
Oct 12Recent updates
Woodward (NASDAQ:WWD) Has A Rock Solid Balance Sheet
Apr 22Woodward: An Upgrade Is Warranted After A Costly Misjudgment
Apr 11Market Participants Recognise Woodward, Inc.'s (NASDAQ:WWD) Earnings
Apr 09Should You Be Adding Woodward (NASDAQ:WWD) To Your Watchlist Today?
Mar 26Woodward, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 01Why Woodward, Inc. (NASDAQ:WWD) Could Be Worth Watching
Jan 18We Think Woodward (NASDAQ:WWD) Can Manage Its Debt With Ease
Jan 03Is There An Opportunity With Woodward, Inc.'s (NASDAQ:WWD) 21% Undervaluation?
Dec 19Should You Investigate Woodward, Inc. (NASDAQ:WWD) At US$127?
Oct 14Woodward (NASDAQ:WWD) Has A Pretty Healthy Balance Sheet
Sep 29Is Woodward, Inc. (NASDAQ:WWD) Trading At A 26% Discount?
Sep 11Here's Why Woodward (NASDAQ:WWD) Can Manage Its Debt Responsibly
Jun 29Should You Think About Buying Woodward, Inc. (NASDAQ:WWD) Now?
Jun 16What Does Woodward, Inc.'s (NASDAQ:WWD) Share Price Indicate?
Mar 16Is Woodward (NASDAQ:WWD) Using Too Much Debt?
Mar 03Is There An Opportunity With Woodward, Inc.'s (NASDAQ:WWD) 28% Undervaluation?
Feb 01Here's Why Woodward (NASDAQ:WWD) Can Manage Its Debt Responsibly
Oct 12Is Now The Time To Look At Buying Woodward, Inc. (NASDAQ:WWD)?
Sep 26Woodward declares $0.19 dividend
Sep 21Woodward declares $0.19 dividend
Jul 28Woodward (NASDAQ:WWD) Seems To Use Debt Quite Sensibly
Jul 14What Does Woodward, Inc.'s (NASDAQ:WWD) Share Price Indicate?
Jun 19Woodward, Inc. (NASDAQ:WWD) Shares Could Be 34% Below Their Intrinsic Value Estimate
May 13Financial Position Analysis
Short Term Liabilities: WWD's short term assets ($1.8B) exceed its short term liabilities ($691.9M).
Long Term Liabilities: WWD's short term assets ($1.8B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: WWD's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: WWD's debt to equity ratio has reduced from 68.6% to 34% over the past 5 years.
Debt Coverage: WWD's debt is well covered by operating cash flow (52.1%).
Interest Coverage: WWD's interest payments on its debt are well covered by EBIT (14.3x coverage).