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
Is ESAB (NYSE:ESAB) A Risky Investment?
Dec 17
Here's Why ESAB (NYSE:ESAB) Can Manage Its Debt Responsibly
Aug 30These 4 Measures Indicate That ESAB (NYSE:ESAB) Is Using Debt Reasonably Well
May 22Is ESAB (NYSE:ESAB) Using Too Much Debt?
Feb 04Recent updates
Is ESAB (NYSE:ESAB) A Risky Investment?
Dec 17A Look At The Intrinsic Value Of ESAB Corporation (NYSE:ESAB)
Nov 30ESAB Can Continue To Outperform
Nov 30We 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 17ESAB Corp.: End-Market Tailwinds Support EPS Growth Outlook
Dec 21ESAB Corporation: Attractively Valued With Good Growth Prospects
Nov 19ESAB Corporation: Well Done, By The Welding Player
Jul 31ESAB Corporation: Upside Exists Despite Recent Bottom Line Weakness
Feb 07ESAB declares $0.05 dividend
Dec 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:15 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ESAB Corporation is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mircea Dobre | Baird |
| Sherif El-Sabbahy | BofA Global Research |
| Thomas Hayes | CL King & Associates, Inc. |