EnerSys Balance Sheet Health
Financial Health criteria checks 6/6
EnerSys has a total shareholder equity of $1.8B and total debt of $897.1M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are $3.6B and $1.7B respectively. EnerSys's EBIT is $410.3M making its interest coverage ratio 9. It has cash and short-term investments of $344.1M.
Key information
49.5%
Debt to equity ratio
US$897.06m
Debt
| Interest coverage ratio | 9x |
| Cash | US$344.07m |
| Equity | US$1.81b |
| Total liabilities | US$1.75b |
| Total assets | US$3.56b |
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 10EnerSys (NYSE:ENS) Has A Somewhat Strained Balance Sheet
Jan 21EnerSys (NYSE:ENS) Takes On Some Risk With Its Use Of Debt
Oct 07Recent updates
EnerSys' (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 25EnerSys declares $0.175 dividend
Feb 08EnerSys (NYSE:ENS) Has A Somewhat Strained Balance Sheet
Jan 21EnerSys (NYSE:ENS) Will Pay A Dividend Of $0.175
Nov 29EnerSys (NYSE:ENS) Has Affirmed Its Dividend Of $0.175
Nov 13At US$76.57, Is EnerSys (NYSE:ENS) Worth Looking At Closely?
Nov 11EnerSys declares $0.175 dividend
Nov 09EnerSys (NYSE:ENS) Takes On Some Risk With Its Use Of Debt
Oct 07EnerSys: Charging Up For Dominance In Industrials
Sep 28Financial Position Analysis
Short Term Liabilities: ENS's short term assets ($1.8B) exceed its short term liabilities ($685.8M).
Long Term Liabilities: ENS's short term assets ($1.8B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: ENS's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: ENS's debt to equity ratio has reduced from 77.3% to 49.5% over the past 5 years.
Debt Coverage: ENS's debt is well covered by operating cash flow (43.8%).
Interest Coverage: ENS's interest payments on its debt are well covered by EBIT (9x coverage).