ESAB Balance Sheet Health
Financial Health criteria checks 3/6
ESAB has a total shareholder equity of $1.9B and total debt of $1.1B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are $4.1B and $2.2B respectively. ESAB's EBIT is $466.1M making its interest coverage ratio 6.2. It has cash and short-term investments of $253.7M.
Key information
57.5%
Debt to equity ratio
US$1.08b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$253.67m |
| Equity | US$1.88b |
| Total liabilities | US$2.21b |
| Total assets | US$4.08b |
Recent financial health updates
Here's Why ESAB (NYSE:ESAB) Can Manage Its Debt Responsibly
Aug 30
These 4 Measures Indicate That ESAB (NYSE:ESAB) Is Using Debt Reasonably Well
May 22Is ESAB (NYSE:ESAB) Using Too Much Debt?
Feb 04Recent updates
We Like These Underlying Return On Capital Trends At ESAB (NYSE:ESAB)
Nov 14Is It Too Late To Consider Buying ESAB Corporation (NYSE:ESAB)?
Oct 17Here's Why ESAB (NYSE:ESAB) Can Manage Its Debt Responsibly
Aug 30ESAB Corporation: A Respectful Downgrade After A Great Run Higher
Aug 22ESAB Corporation's (NYSE:ESAB) Intrinsic Value Is Potentially 45% Above Its Share Price
Aug 15ESAB: Good Execution, Strength In Emerging Markets And Accretive M&A Make Me Bullish
Aug 13Is Now The Time To Put ESAB (NYSE:ESAB) On Your Watchlist?
Jul 31What Does ESAB Corporation's (NYSE:ESAB) Share Price Indicate?
Jul 15Returns On Capital Are Showing Encouraging Signs At ESAB (NYSE:ESAB)
Jun 22These 4 Measures Indicate That ESAB (NYSE:ESAB) Is Using Debt Reasonably Well
May 22Estimating The Fair Value Of ESAB Corporation (NYSE:ESAB)
Apr 22Getting 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 14Financial Position Analysis
Short Term Liabilities: ESAB's short term assets ($1.2B) exceed its short term liabilities ($637.1M).
Long Term Liabilities: ESAB's short term assets ($1.2B) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: ESAB's net debt to equity ratio (44%) 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 (32.5%).
Interest Coverage: ESAB's interest payments on its debt are well covered by EBIT (6.2x coverage).