How much debt does Plexus have?
According to Plexus's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Plexus's total debt stands at $279.59M. This is broken down into:
- Long-term debt: $122.27M
- Short-term debt: $157.32M
The company's net debt, which accounts for cash and cash equivalents, is $-65.52M. In terms of overall financial obligations, Plexus's total liabilities amount to $1.83B.
Debt Ratios and Metrics
To better understand Plexus's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.21 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 8.87% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 5.81 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 6.36% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 17.43% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Plexus's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$279.59M
Long-term Debt
$122.27M
Short-term Debt
$157.32M
Net Debt
$-65.52M
Total Liabilities
$1.83B
Interest Coverage
5.81
Debt to Equity Ratio
0.21
Debt Ratio
8.87%
Plexus Historical Debt Metrics
Plexus Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $279.59M | $122.27M | $157.32M | $-65.52M | $1.83B | 0.21 | 8.87% | 5.81 | 6.36% | 17.43% |
| 2023 | $469.61M | $229.41M | $240.21M | $213.38M | $2.11B | 0.39 | 14.14% | 6.21 | 13.58% | 27.89% |
| 2022 | $495.38M | $221.40M | $273.97M | $220.57M | $2.30B | 0.45 | 14.60% | 7.16 | 14.63% | 31.13% |
| 2021 | $291.32M | $261.92M | $66.31M | $21.14M | $1.43B | 0.28 | 11.83% | 8.20 | 15.39% | 22.08% |
| 2020 | $371.58M | $224.75M | $146.83M | $-14.22M | $1.31B | 0.38 | 16.23% | 6.24 | 16.13% | 27.54% |
| 2019 | $287.98M | $187.28M | $100.70M | $64.22M | $1.14B | 0.33 | 14.39% | 6.87 | 17.79% | 24.96% |
| 2018 | $188.62M | $183.09M | $5.53M | $-108.65M | $1.01B | 0.20 | 9.76% | 9.67 | 16.58% | 17.00% |
| 2017 | $313.11M | $26.17M | $286.93M | $-255.75M | $950.24M | 0.31 | 15.84% | 9.57 | 2.49% | 23.38% |
| 2016 | $262.51M | $184.00M | $78.51M | $-170.46M | $849.02M | 0.29 | 14.87% | 6.79 | 16.72% | 22.26% |
| 2015 | $262.77M | $259.26M | $3.51M | $-94.34M | $860.12M | 0.31 | 15.44% | 8.27 | 23.54% | 23.78% |
Related Metrics
Explore detailed financial metrics and analysis for PLXS.