Zurn Elkay Water Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Zurn Elkay Water Solutions has a total shareholder equity of $1.6B and total debt of $474.6M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are $2.7B and $1.1B respectively. Zurn Elkay Water Solutions's EBIT is $250.2M making its interest coverage ratio 7.3. It has cash and short-term investments of $187.9M.
Key information
29.9%
Debt to equity ratio
US$474.60m
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$187.90m |
| Equity | US$1.59b |
| Total liabilities | US$1.12b |
| Total assets | US$2.70b |
Recent financial health updates
Zurn Elkay Water Solutions (NYSE:ZWS) Has A Rock Solid Balance Sheet
Sep 09
Is Zurn Elkay Water Solutions (NYSE:ZWS) A Risky Investment?
Jun 05Does Zurn Elkay Water Solutions (NYSE:ZWS) Have A Healthy Balance Sheet?
Nov 30Here's Why Zurn Elkay Water Solutions (NYSE:ZWS) Can Manage Its Debt Responsibly
Jun 20Is Zurn Elkay Water Solutions (NYSE:ZWS) A Risky Investment?
Mar 02Recent updates
A Look At The Intrinsic Value Of Zurn Elkay Water Solutions Corporation (NYSE:ZWS)
Nov 18Zurn Elkay Water Solutions (NYSE:ZWS) Is Increasing Its Dividend To $0.09
Oct 27Should You Be Adding Zurn Elkay Water Solutions (NYSE:ZWS) To Your Watchlist Today?
Oct 21Zurn Elkay Water Solutions (NYSE:ZWS) Has A Rock Solid Balance Sheet
Sep 09Why Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Could Be Worth Watching
Aug 26Why We're Not Concerned About Zurn Elkay Water Solutions Corporation's (NYSE:ZWS) Share Price
Aug 12A Look At The Fair Value Of Zurn Elkay Water Solutions Corporation (NYSE:ZWS)
Jul 29Here's Why We Think Zurn Elkay Water Solutions (NYSE:ZWS) Is Well Worth Watching
Jun 18Is Zurn Elkay Water Solutions (NYSE:ZWS) A Risky Investment?
Jun 05Zurn Elkay Water Solutions (NYSE:ZWS) Has Affirmed Its Dividend Of $0.08
May 06The Strong Earnings Posted By Zurn Elkay Water Solutions (NYSE:ZWS) Are A Good Indication Of The Strength Of The Business
May 03Calculating The Fair Value Of Zurn Elkay Water Solutions Corporation (NYSE:ZWS)
Apr 23Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Not Lagging Market On Growth Or Pricing
Apr 08What Does Zurn Elkay Water Solutions Corporation's (NYSE:ZWS) Share Price Indicate?
Mar 25Should You Be Adding Zurn Elkay Water Solutions (NYSE:ZWS) To Your Watchlist Today?
Feb 26Zurn Elkay Water Solutions (NYSE:ZWS) Has Affirmed Its Dividend Of $0.08
Feb 05Estimating The Intrinsic Value Of Zurn Elkay Water Solutions Corporation (NYSE:ZWS)
Jan 08Does Zurn Elkay Water Solutions (NYSE:ZWS) Have A Healthy Balance Sheet?
Nov 30Zurn Elkay Water Solutions (NYSE:ZWS) Has Announced That It Will Be Increasing Its Dividend To $0.08
Nov 02Is It Time To Consider Buying Zurn Elkay Water Solutions Corporation (NYSE:ZWS)?
Sep 24Zurn Elkay Water Solutions: Growth Not Accretive To Shareholder Value, Hold
Sep 14A Look At The Intrinsic Value Of Zurn Elkay Water Solutions Corporation (NYSE:ZWS)
Sep 02Zurn Elkay Water Solutions (NYSE:ZWS) Is Due To Pay A Dividend Of $0.07
Aug 07Zurn Elkay Water Solutions' (NYSE:ZWS) Dividend Will Be $0.07
Jul 24Zurn Elkay Water Solutions: Product Innovation Presenting Outperformance Among Peers
Jul 02Here's Why Zurn Elkay Water Solutions (NYSE:ZWS) Can Manage Its Debt Responsibly
Jun 20Is There Now An Opportunity In Zurn Elkay Water Solutions Corporation (NYSE:ZWS)?
Jun 01Estimating The Fair Value Of Zurn Elkay Water Solutions Corporation (NYSE:ZWS)
May 12Is Zurn Elkay Water Solutions (NYSE:ZWS) A Risky Investment?
Mar 02When Should You Buy Zurn Elkay Water Solutions Corporation (NYSE:ZWS)?
Feb 13Zurn Water Solutions declares $0.07 dividend
Feb 02Zurn Elkay Water Solutions Corporation's (NYSE:ZWS) Intrinsic Value Is Potentially 18% Below Its Share Price
Jan 29Financial Position Analysis
Short Term Liabilities: ZWS's short term assets ($755.1M) exceed its short term liabilities ($279.2M).
Long Term Liabilities: ZWS's short term assets ($755.1M) do not cover its long term liabilities ($839.1M).
Debt to Equity History and Analysis
Debt Level: ZWS's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: ZWS's debt to equity ratio has reduced from 92.6% to 29.9% over the past 5 years.
Debt Coverage: ZWS's debt is well covered by operating cash flow (60.7%).
Interest Coverage: ZWS's interest payments on its debt are well covered by EBIT (7.3x coverage).