Woodward Balance Sheet Health
Financial Health criteria checks 6/6
Woodward has a total shareholder equity of $2.2B and total debt of $920.7M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are $4.3B and $2.2B respectively. Woodward's EBIT is $460.2M making its interest coverage ratio 16. It has cash and short-term investments of $308.3M.
Key information
42.6%
Debt to equity ratio
US$920.66m
Debt
| Interest coverage ratio | 16x |
| Cash | US$308.33m |
| Equity | US$2.16b |
| Total liabilities | US$2.16b |
| Total assets | US$4.32b |
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, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Jul 31Woodward, Inc.'s (NASDAQ:WWD) Shareholders Might Be Looking For Exit
Jul 29Here's Why We Think Woodward (NASDAQ:WWD) Is Well Worth Watching
Jul 15Woodward Stock: Upgrade As Free Cash Flow Soars
Jun 26Estimating The Fair Value Of Woodward, Inc. (NASDAQ:WWD)
Jun 17Why Woodward, Inc. (NASDAQ:WWD) Could Be Worth Watching
May 21Results: Woodward, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
May 06Woodward (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 21Financial Position Analysis
Short Term Liabilities: WWD's short term assets ($1.8B) exceed its short term liabilities ($913.1M).
Long Term Liabilities: WWD's short term assets ($1.8B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: WWD's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: WWD's debt to equity ratio has reduced from 70.1% to 42.6% over the past 5 years.
Debt Coverage: WWD's debt is well covered by operating cash flow (48.9%).
Interest Coverage: WWD's interest payments on its debt are well covered by EBIT (16x coverage).