Eaton Balance Sheet Health
Financial Health criteria checks 5/6
Eaton has a total shareholder equity of $19.1B and total debt of $9.2B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are $38.4B and $19.4B respectively. Eaton's EBIT is $3.9B making its interest coverage ratio 18.9. It has cash and short-term investments of $2.6B.
Key information
48.4%
Debt to equity ratio
US$9.24b
Debt
| Interest coverage ratio | 18.9x |
| Cash | US$2.61b |
| Equity | US$19.07b |
| Total liabilities | US$19.36b |
| Total assets | US$38.43b |
Recent financial health updates
Eaton (NYSE:ETN) Seems To Use Debt Rather Sparingly
Mar 17
We Think Eaton (NYSE:ETN) Can Manage Its Debt With Ease
Sep 17Eaton (NYSE:ETN) Has A Rock Solid Balance Sheet
Jun 02Eaton (NYSE:ETN) Has A Pretty Healthy Balance Sheet
Dec 10Recent updates
Is Eaton Corporation plc (NYSE:ETN) Potentially Undervalued?
Apr 10Eaton (NYSE:ETN) Seems To Use Debt Rather Sparingly
Mar 17Eaton's Growth Is Reflected In Its High Valuation (Rating Downgrade)
Mar 06Slowing Rates Of Return At Eaton (NYSE:ETN) Leave Little Room For Excitement
Feb 17Eaton Corporation: A Good Company With A Limited Upside Potential
Feb 09Eaton Corporation plc (NYSE:ETN) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 05Eaton: Bullish On This Electrical Equipment Superpower
Jan 19Eaton Corporation plc's (NYSE:ETN) Price In Tune With Earnings
Jan 02Do Eaton's (NYSE:ETN) Earnings Warrant Your Attention?
Dec 21Eaton: Where Investors Go To Bet On Megatrends
Dec 14What Is Eaton Corporation plc's (NYSE:ETN) Share Price Doing?
Nov 27Eaton Corporation: Navigating A Complex Business Environment With Robust Results
Nov 26Here's What To Make Of Eaton's (NYSE:ETN) Decelerating Rates Of Return
Nov 15Eaton Delivers A Spectacular Q3 With Strong Secular Growth
Oct 31Eaton: Solid Growth Prospects
Oct 10Is Eaton Corporation plc (NYSE:ETN) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 29We Think Eaton (NYSE:ETN) Can Manage Its Debt With Ease
Sep 17Eaton Has Run Too Far Too Fast
Sep 06Here's Why We Think Eaton (NYSE:ETN) Is Well Worth Watching
Sep 03Is It Time To Consider Buying Eaton Corporation plc (NYSE:ETN)?
Aug 21Has Eaton Corporation Become A Growth Stock?
Aug 03Returns At Eaton (NYSE:ETN) Appear To Be Weighed Down
Jul 08Eaton Corporation: A Growth Opportunity At A Fair Price
Jun 12Eaton (NYSE:ETN) Has A Rock Solid Balance Sheet
Jun 02Does Eaton (NYSE:ETN) Deserve A Spot On Your Watchlist?
May 21Should You Investigate Eaton Corporation plc (NYSE:ETN) At US$170?
May 09Investors Met With Slowing Returns on Capital At Eaton (NYSE:ETN)
Apr 01Eaton raises dividend by 6% to $0.86
Feb 23Do Eaton's (NYSE:ETN) Earnings Warrant Your Attention?
Feb 20Eaton Q4 2022 Earnings Preview
Feb 07When Should You Buy Eaton Corporation plc (NYSE:ETN)?
Jan 27Eaton: Moving To Neutral
Jan 03Returns At Eaton (NYSE:ETN) Appear To Be Weighed Down
Dec 22Eaton (NYSE:ETN) Has A Pretty Healthy Balance Sheet
Dec 10Does Eaton (NYSE:ETN) Deserve A Spot On Your Watchlist?
Nov 16Eaton Q3 2022 Earnings Preview
Oct 31Eaton declares $0.81 dividend
Oct 25Calculating The Fair Value Of Eaton Corporation plc (NYSE:ETN)
Oct 19Financial Position Analysis
Short Term Liabilities: ETN's short term assets ($11.7B) exceed its short term liabilities ($7.7B).
Long Term Liabilities: ETN's short term assets ($11.7B) exceed its long term liabilities ($11.6B).
Debt to Equity History and Analysis
Debt Level: ETN's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: ETN's debt to equity ratio has increased from 46.8% to 48.4% over the past 5 years.
Debt Coverage: ETN's debt is well covered by operating cash flow (39.2%).
Interest Coverage: ETN's interest payments on its debt are well covered by EBIT (18.9x coverage).