EnerSys Balance Sheet Health
Financial Health criteria checks 5/6
EnerSys has a total shareholder equity of $1.8B and total debt of $1.2B, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are $4.0B and $2.1B respectively. EnerSys's EBIT is $418.0M making its interest coverage ratio 9.1. It has cash and short-term investments of $407.9M.
Key information
67.0%
Debt to equity ratio
US$1.23b
Debt
| Interest coverage ratio | 9.1x |
| Cash | US$407.92m |
| Equity | US$1.84b |
| Total liabilities | US$2.11b |
| Total assets | US$3.95b |
Recent financial health updates
EnerSys (NYSE:ENS) Seems To Use Debt Quite Sensibly
Apr 24
EnerSys (NYSE:ENS) Seems To Use Debt Quite Sensibly
Dec 22We Think EnerSys (NYSE:ENS) Is Taking Some Risk With Its Debt
May 10Recent updates
Returns Are Gaining Momentum At EnerSys (NYSE:ENS)
Oct 18EnerSys' (NYSE:ENS) Intrinsic Value Is Potentially 45% Above Its Share Price
Oct 04Is It Time To Consider Buying EnerSys (NYSE:ENS)?
Sep 09EnerSys Rides To Higher Earnings By Holding Prices And Disciplined Cost Cutting
Aug 29EnerSys' (NYSE:ENS) Shares Not Telling The Full Story
Aug 28Why EnerSys' (NYSE:ENS) Earnings Are Better Than They Seem
Aug 15Returns On Capital Are Showing Encouraging Signs At EnerSys (NYSE:ENS)
Jul 18With EPS Growth And More, EnerSys (NYSE:ENS) Makes An Interesting Case
Jul 05EnerSys' (NYSE:ENS) Intrinsic Value Is Potentially 26% Above Its Share Price
May 22Market Cool On EnerSys' (NYSE:ENS) Earnings
May 07EnerSys (NYSE:ENS) Seems To Use Debt Quite Sensibly
Apr 24EnerSys: Softer Momentum, But Clarity On Taxes
Apr 23Is Now An Opportune Moment To Examine EnerSys (NYSE:ENS)?
Apr 08Returns On Capital Are Showing Encouraging Signs At EnerSys (NYSE:ENS)
Mar 25Should You Be Adding EnerSys (NYSE:ENS) To Your Watchlist Today?
Mar 13Solid Earnings Reflect EnerSys' (NYSE:ENS) Strength As A Business
Feb 14EnerSys: Discounted Valuation Despite Margin Improvements
Feb 03Cautious Investors Not Rewarding EnerSys' (NYSE:ENS) Performance Completely
Jan 23At US$96.48, Is It Time To Put EnerSys (NYSE:ENS) On Your Watch List?
Jan 06EnerSys (NYSE:ENS) Seems To Use Debt Quite Sensibly
Dec 22Estimating The Fair Value Of EnerSys (NYSE:ENS)
Dec 02EnerSys: Secular Profitability Decline With A Temporary IRA Boost
Nov 10Does EnerSys (NYSE:ENS) Deserve A Spot On Your Watchlist?
Oct 29Is It Time To Consider Buying EnerSys (NYSE:ENS)?
Sep 28EnerSys (NYSE:ENS) Is Increasing Its Dividend To $0.225
Sep 06EnerSys' (NYSE:ENS) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 23EnerSys - Battery Maker Has Recharged
Aug 21EnerSys' (NYSE:ENS) Intrinsic Value Is Potentially 55% Above Its Share Price
Jul 15Unleashing Energy Solutions: A Bullish Outlook On EnerSys
Jun 06Do EnerSys' (NYSE:ENS) Earnings Warrant Your Attention?
May 28We Think EnerSys (NYSE:ENS) Is Taking Some Risk With Its Debt
May 10At US$81.50, Is It Time To Put EnerSys (NYSE:ENS) On Your Watch List?
Mar 25Financial Position Analysis
Short Term Liabilities: ENS's short term assets ($2.1B) exceed its short term liabilities ($692.4M).
Long Term Liabilities: ENS's short term assets ($2.1B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: ENS's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: ENS's debt to equity ratio has reduced from 86.5% to 67% over the past 5 years.
Debt Coverage: ENS's debt is well covered by operating cash flow (25.5%).
Interest Coverage: ENS's interest payments on its debt are well covered by EBIT (9.1x coverage).