Flowserve Balance Sheet Health
Financial Health criteria checks 6/6
Flowserve has a total shareholder equity of $2.0B and total debt of $1.2B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are $5.1B and $3.2B respectively. Flowserve's EBIT is $441.0M making its interest coverage ratio 7.4. It has cash and short-term investments of $532.0M.
Key information
59.9%
Debt to equity ratio
US$1.20b
Debt
| Interest coverage ratio | 7.4x |
| Cash | US$531.98m |
| Equity | US$2.00b |
| Total liabilities | US$3.15b |
| Total assets | US$5.15b |
Recent financial health updates
Flowserve (NYSE:FLS) Has A Pretty Healthy Balance Sheet
Mar 26
We Think Flowserve (NYSE:FLS) Can Stay On Top Of Its Debt
Dec 26Flowserve (NYSE:FLS) Seems To Use Debt Quite Sensibly
Sep 18Does Flowserve (NYSE:FLS) Have A Healthy Balance Sheet?
Apr 13Does Flowserve (NYSE:FLS) Have A Healthy Balance Sheet?
Jan 09Recent updates
Estimating The Fair Value Of Flowserve Corporation (NYSE:FLS)
Apr 22Is It Too Late To Consider Buying Flowserve Corporation (NYSE:FLS)?
Apr 09Flowserve (NYSE:FLS) Has A Pretty Healthy Balance Sheet
Mar 26Flowserve (NYSE:FLS) Shareholders Will Want The ROCE Trajectory To Continue
Mar 13Flowserve (NYSE:FLS) Will Pay A Larger Dividend Than Last Year At $0.21
Feb 24Flowserve Corporation (NYSE:FLS) Shares Could Be 20% Above Their Intrinsic Value Estimate
Jan 23Flowserve: Turnaround Looks For Real
Jan 14Why Investors Shouldn't Be Surprised By Flowserve Corporation's (NYSE:FLS) P/E
Jan 09We Think Flowserve (NYSE:FLS) Can Stay On Top Of Its Debt
Dec 26Why Flowserve Corporation (NYSE:FLS) Could Be Worth Watching
Dec 12Flowserve (NYSE:FLS) Is Experiencing Growth In Returns On Capital
Nov 29Here's Why We Think Flowserve (NYSE:FLS) Might Deserve Your Attention Today
Nov 15Flowserve: Offers More Than The Cyclical Oil And Gas Exposure It's Best Known For
Oct 28Flowserve Corporation's (NYSE:FLS) Intrinsic Value Is Potentially 67% Above Its Share Price
Oct 04Flowserve (NYSE:FLS) Seems To Use Debt Quite Sensibly
Sep 18Is It Time To Consider Buying Flowserve Corporation (NYSE:FLS)?
Sep 01Flowserve: Benefiting From Global Infrastructure Spending
Aug 22Does Flowserve (NYSE:FLS) Deserve A Spot On Your Watchlist?
Aug 17Slowing Rates Of Return At Flowserve (NYSE:FLS) Leave Little Room For Excitement
Aug 03Flowserve (NYSE:FLS) Has Announced A Dividend Of $0.20
Jun 18Flowserve (NYSE:FLS) Is Due To Pay A Dividend Of $0.20
Jun 04Calculating The Fair Value Of Flowserve Corporation (NYSE:FLS)
Jun 01Flowserve Needs Margin Stability
May 29What Does Flowserve Corporation's (NYSE:FLS) Share Price Indicate?
May 17Slowing Rates Of Return At Flowserve (NYSE:FLS) Leave Little Room For Excitement
May 02Does Flowserve (NYSE:FLS) Have A Healthy Balance Sheet?
Apr 13Calculating The Fair Value Of Flowserve Corporation (NYSE:FLS)
Feb 27Flowserve Q4 2022 Earnings Preview
Feb 20Is There Now An Opportunity In Flowserve Corporation (NYSE:FLS)?
Feb 10Flowserve Corporation: Not A Great Purchase Right Now
Jan 30Returns On Capital At Flowserve (NYSE:FLS) Paint A Concerning Picture
Jan 24Flowserve to supply over 400 pumps for Aramco's Jafurah project
Jan 10Does Flowserve (NYSE:FLS) Have A Healthy Balance Sheet?
Jan 09Flowserve declares $0.20 dividend
Dec 12A Look At The Intrinsic Value Of Flowserve Corporation (NYSE:FLS)
Nov 17Flowserve: Turning The Corner
Nov 10Flowserve Q3 2022 Earnings Preview
Oct 30Is It Too Late To Consider Buying Flowserve Corporation (NYSE:FLS)?
Oct 24Flowserve's (NYSE:FLS) Returns On Capital Not Reflecting Well On The Business
Oct 09Flowserve Is A Buy Despite Near Term Headwinds
Oct 06Flowserve: Strong Orders And Backlog Are Its Only Saving Grace
Sep 27Flowserve (NYSE:FLS) Will Pay A Dividend Of $0.20
Sep 03Financial Position Analysis
Short Term Liabilities: FLS's short term assets ($2.8B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: FLS's short term assets ($2.8B) exceed its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: FLS's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: FLS's debt to equity ratio has reduced from 85.3% to 59.9% over the past 5 years.
Debt Coverage: FLS's debt is well covered by operating cash flow (30.2%).
Interest Coverage: FLS's interest payments on its debt are well covered by EBIT (7.4x coverage).