Eaton Financial Health
How is Eaton's financial position?
[object Object] Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ETN's short term assets ($8.5B) exceed its short term liabilities ($6.7B).
Long Term Liabilities: ETN's short term assets ($8.5B) do not cover its long term liabilities ($11.6B).
Debt to Equity History and Analysis
Debt Level: ETN's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: ETN's debt to equity ratio has increased from 52.7% to 55.9% over the past 5 years.
Debt Coverage: ETN's debt is well covered by operating cash flow (23.8%).
Interest Coverage: ETN's interest payments on its debt are well covered by EBIT (50.6x coverage).