ESAB Balance Sheet Health
Financial Health criteria checks 3/6
ESAB has a total shareholder equity of $1.7B and total debt of $992.8M, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are $3.8B and $2.1B respectively. ESAB's EBIT is $452.1M making its interest coverage ratio 5.9. It has cash and short-term investments of $76.5M.
Key information
59.0%
Debt to equity ratio
US$992.80m
Debt
| Interest coverage ratio | 5.9x |
| Cash | US$76.50m |
| Equity | US$1.68b |
| Total liabilities | US$2.15b |
| Total assets | US$3.83b |
Recent financial health updates
Recent updates
Estimating The Fair Value Of ESAB Corporation (NYSE:ESAB)
Apr 22
Getting In Cheap On ESAB Corporation (NYSE:ESAB) Might Be Difficult
Mar 22ESAB: Rating Downgrade As Valuation Has Gone Up Way Too Fast
Mar 12Is ESAB (NYSE:ESAB) Using Too Much Debt?
Feb 04ESAB's (NYSE:ESAB) Returns On Capital Are Heading Higher
Jan 17A Look At The Fair Value Of ESAB Corporation (NYSE:ESAB)
Dec 29ESAB Corp.: End-Market Tailwinds Support EPS Growth Outlook
Dec 21With EPS Growth And More, ESAB (NYSE:ESAB) Makes An Interesting Case
Dec 06ESAB Corporation: Attractively Valued With Good Growth Prospects
Nov 19ESAB Corporation (NYSE:ESAB) Shares Could Be 26% Below Their Intrinsic Value Estimate
Sep 17ESAB (NYSE:ESAB) Shareholders Will Want The ROCE Trajectory To Continue
Aug 26ESAB Corporation: Well Done, By The Welding Player
Jul 31A Look At The Fair Value Of ESAB Corporation (NYSE:ESAB)
May 25ESAB (NYSE:ESAB) Is Doing The Right Things To Multiply Its Share Price
Apr 19ESAB Corporation (NYSE:ESAB) Released Earnings Last Week And Analysts Lifted Their Price Target To US$66.00
Mar 10Estimating The Fair Value Of ESAB Corporation (NYSE:ESAB)
Feb 23ESAB Corporation: Upside Exists Despite Recent Bottom Line Weakness
Feb 07ESAB declares $0.05 dividend
Dec 14ESAB launches underwritten offering of 6M shares
Nov 14ESAB corporation acquires Ohio Medical for $127M
Oct 17Are Investors Undervaluing ESAB Corporation (NYSE:ESAB) By 50%?
Sep 19ESAB Corp.: This Market Leader Has A Lot Of Upside If Growth Continues
Sep 12ESAB Non-GAAP EPS of $1.14 beats by $0.13, revenue of $661.17M beats by $25.22M;reaffrirms FY guidance
Aug 09ESAB Corp.: Looks To Be A Solid Welding Play After The Spin-Off
May 22Financial Position Analysis
Short Term Liabilities: ESAB's short term assets ($1.0B) exceed its short term liabilities ($631.3M).
Long Term Liabilities: ESAB's short term assets ($1.0B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: ESAB's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: Insufficient data to determine if ESAB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ESAB's debt is well covered by operating cash flow (33.9%).
Interest Coverage: ESAB's interest payments on its debt are well covered by EBIT (5.9x coverage).