Plexus Balance Sheet Health
Financial Health criteria checks 5/6
Plexus has a total shareholder equity of $1.3B and total debt of $397.1M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are $3.3B and $2.0B respectively. Plexus's EBIT is $206.6M making its interest coverage ratio 7.1. It has cash and short-term investments of $232.0M.
Key information
31.3%
Debt to equity ratio
US$397.06m
Debt
| Interest coverage ratio | 7.1x |
| Cash | US$231.98m |
| Equity | US$1.27b |
| Total liabilities | US$2.04b |
| Total assets | US$3.30b |
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 22Is Plexus (NASDAQ:PLXS) Using Too Much Debt?
Oct 19Recent updates
Plexus (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 10Is Plexus (NASDAQ:PLXS) Using Too Much Debt?
Oct 19Plexus' (NASDAQ:PLXS) Returns Have Hit A Wall
Sep 19What Does Plexus Corp.'s (NASDAQ:PLXS) Share Price Indicate?
Sep 02We Think That There Are More Issues For Plexus (NASDAQ:PLXS) Than Just Sluggish Earnings
Aug 13Plexus launches manufacturing facility in Bangkok
Aug 08Is Plexus (NASDAQ:PLXS) Using Too Much Debt?
Jul 18Plexus (NASDAQ:PLXS) Has More To Do To Multiply In Value Going Forward
Jun 16Calculating The Fair Value Of Plexus Corp. (NASDAQ:PLXS)
May 22Is Now An Opportune Moment To Examine Plexus Corp. (NASDAQ:PLXS)?
Apr 12Plexus (NASDAQ:PLXS) Has More To Do To Multiply In Value Going Forward
Feb 25Plexus Corp.'s (NASDAQ:PLXS) CEO Compensation Is Looking A Bit Stretched At The Moment
Feb 10Financial Position Analysis
Short Term Liabilities: PLXS's short term assets ($2.7B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: PLXS's short term assets ($2.7B) exceed its long term liabilities ($294.3M).
Debt to Equity History and Analysis
Debt Level: PLXS's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: PLXS's debt to equity ratio has increased from 14% to 31.3% over the past 5 years.
Debt Coverage: PLXS's debt is well covered by operating cash flow (53.3%).
Interest Coverage: PLXS's interest payments on its debt are well covered by EBIT (7.1x coverage).