Plexus Balance Sheet Health
Financial Health criteria checks 6/6
Plexus has a total shareholder equity of $1.3B and total debt of $203.8M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are $3.2B and $1.8B respectively. Plexus's EBIT is $188.2M making its interest coverage ratio 7.5. It has cash and short-term investments of $345.1M.
Key information
15.4%
Debt to equity ratio
US$203.85m
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$345.11m |
| Equity | US$1.32b |
| Total liabilities | US$1.83b |
| Total assets | US$3.15b |
Recent financial health updates
Plexus (NASDAQ:PLXS) Takes On Some Risk With Its Use Of Debt
Apr 19
Plexus (NASDAQ:PLXS) Seems To Use Debt Quite Sensibly
Jan 08Plexus (NASDAQ:PLXS) Seems To Use Debt Quite Sensibly
Sep 19Is Plexus (NASDAQ:PLXS) Using Too Much Debt?
Jun 07Here's Why Plexus (NASDAQ:PLXS) Can Manage Its Debt Responsibly
Feb 22Recent updates
Plexus' (NASDAQ:PLXS) Returns Have Hit A Wall
Oct 14Is It Time To Consider Buying Plexus Corp. (NASDAQ:PLXS)?
Sep 28Plexus Is Overvalued Despite Its Unique Position In Manufacturing
Sep 16Are Plexus Corp. (NASDAQ:PLXS) Investors Paying Above The Intrinsic Value?
Aug 30Plexus Corp.'s (NASDAQ:PLXS) Share Price Matching Investor Opinion
Aug 15Plexus (NASDAQ:PLXS) Has Some Way To Go To Become A Multi-Bagger
Jul 04What Is Plexus Corp.'s (NASDAQ:PLXS) Share Price Doing?
Jun 16Does This Valuation Of Plexus Corp. (NASDAQ:PLXS) Imply Investors Are Overpaying?
May 03Plexus (NASDAQ:PLXS) Takes On Some Risk With Its Use Of Debt
Apr 19Plexus' (NASDAQ:PLXS) Conservative Accounting Might Explain Soft Earnings
Feb 09Plexus Corp. (NASDAQ:PLXS) Just Released Its First-Quarter Earnings: Here's What Analysts Think
Jan 27Returns On Capital Are Showing Encouraging Signs At Plexus (NASDAQ:PLXS)
Jan 22Plexus (NASDAQ:PLXS) Seems To Use Debt Quite Sensibly
Jan 08Investors Still Waiting For A Pull Back In Plexus Corp. (NASDAQ:PLXS)
Dec 26Plexus Corp. (NASDAQ:PLXS) Shares Could Be 24% Above Their Intrinsic Value Estimate
Dec 11Is Plexus Corp. (NASDAQ:PLXS) Potentially Undervalued?
Nov 02Plexus (NASDAQ:PLXS) Seems To Use Debt Quite Sensibly
Sep 19A Look At The Intrinsic Value Of Plexus Corp. (NASDAQ:PLXS)
Sep 06Plexus' (NASDAQ:PLXS) Returns On Capital Are Heading Higher
Aug 24We Ran A Stock Scan For Earnings Growth And Plexus (NASDAQ:PLXS) Passed With Ease
Jul 31Why Plexus Corp. (NASDAQ:PLXS) Could Be Worth Watching
Jul 07Is Plexus (NASDAQ:PLXS) Using Too Much Debt?
Jun 07Are Plexus Corp. (NASDAQ:PLXS) Investors Paying Above The Intrinsic Value?
May 24Plexus (NASDAQ:PLXS) Is Doing The Right Things To Multiply Its Share Price
May 02Should You Think About Buying Plexus Corp. (NASDAQ:PLXS) Now?
Mar 09Here's Why Plexus (NASDAQ:PLXS) Can Manage Its Debt Responsibly
Feb 22Is Now The Time To Put Plexus (NASDAQ:PLXS) On Your Watchlist?
Feb 06The Returns At Plexus (NASDAQ:PLXS) Aren't Growing
Jan 24What Does Plexus Corp.'s (NASDAQ:PLXS) Share Price Indicate?
Dec 08A Look At The Fair Value Of Plexus Corp. (NASDAQ:PLXS)
Nov 10Financial Position Analysis
Short Term Liabilities: PLXS's short term assets ($2.5B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: PLXS's short term assets ($2.5B) exceed its long term liabilities ($185.7M).
Debt to Equity History and Analysis
Debt Level: PLXS has more cash than its total debt.
Reducing Debt: PLXS's debt to equity ratio has reduced from 28.1% to 15.4% over the past 5 years.
Debt Coverage: PLXS's debt is well covered by operating cash flow (214.1%).
Interest Coverage: PLXS's interest payments on its debt are well covered by EBIT (7.5x coverage).