Emerson Electric Co. (EMR)

Annual Data

Quarterly Data

Solvency ratios also known as long-term debt ratios measure a company's ability to meet long-term obligations.

Ratios (Summary)
Debt to Equity
Debt to Capital
Interest Coverage

Emerson Electric Co., debt and solvency ratios (quarterly data)

		Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013	Dec 31, 2012	Sep 30, 2012	Jun 30, 2012	Mar 31, 2012	Dec 31, 2011
	Debt to equity
	Debt to capital
	Interest coverage

Source: Based on data from Emerson Electric Co. Quarterly and Annual Reports

Ratio	Description	The company
Debt-to-equity ratio	A solvency ratio calculated as total debt divided by total shareholders' equity.	Emerson Electric Co.'s debt-to-equity ratio improved from Q1 2018 to Q2 2018 but then deteriorated significantly from Q2 2018 to Q3 2018.
Debt-to-capital ratio	A solvency ratio calculated as total debt divided by total debt plus shareholders' equity.	Emerson Electric Co.'s debt-to-capital ratio improved from Q1 2018 to Q2 2018 but then deteriorated significantly from Q2 2018 to Q3 2018.
Interest coverage ratio	A solvency ratio calculated as EBIT divided by interest payments.	Emerson Electric Co.'s interest coverage ratio improved from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.

Emerson Electric Co., debt to equity calculation (quarterly data)

		Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013	Dec 31, 2012	Sep 30, 2012	Jun 30, 2012	Mar 31, 2012	Dec 31, 2011
	Selected Financial Data (USD $ in millions)
	Short-term borrowings and current maturities of long-term debt
	Long-term debt, excluding current maturities
	Total debt
	Common stockholders' equity
	Ratio
	Debt to equity¹

Source: Based on data from Emerson Electric Co. Quarterly and Annual Reports

Q3 2018 Calculations

¹ Debt to equity = Total debt ÷ Common stockholders' equity
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Ratio	Description	The company
Debt-to-equity ratio	A solvency ratio calculated as total debt divided by total shareholders' equity.	Emerson Electric Co.'s debt-to-equity ratio improved from Q1 2018 to Q2 2018 but then deteriorated significantly from Q2 2018 to Q3 2018.

Emerson Electric Co., debt to capital calculation (quarterly data)

		Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013	Dec 31, 2012	Sep 30, 2012	Jun 30, 2012	Mar 31, 2012	Dec 31, 2011
	Selected Financial Data (USD $ in millions)
	Short-term borrowings and current maturities of long-term debt
	Long-term debt, excluding current maturities
	Total debt
	Common stockholders' equity
	Total capital
	Ratio
	Debt to capital¹

Source: Based on data from Emerson Electric Co. Quarterly and Annual Reports

Q3 2018 Calculations

¹ Debt to capital = Total debt ÷ Total capital
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Ratio	Description	The company
Debt-to-capital ratio	A solvency ratio calculated as total debt divided by total debt plus shareholders' equity.	Emerson Electric Co.'s debt-to-capital ratio improved from Q1 2018 to Q2 2018 but then deteriorated significantly from Q2 2018 to Q3 2018.

Emerson Electric Co., interest coverage calculation (quarterly data)

		Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013	Dec 31, 2012	Sep 30, 2012	Jun 30, 2012	Mar 31, 2012	Dec 31, 2011
	Selected Financial Data (USD $ in millions)
	Net earnings common stockholders
	Add: Net income attributable to noncontrolling interest
	Less: Discontinued operations, net of tax
	Add: Income tax expense
	Add: Interest expense
	Earnings before interest and tax (EBIT)
	Ratio
	Interest coverage¹

Source: Based on data from Emerson Electric Co. Quarterly and Annual Reports

Q3 2018 Calculations

¹ Interest coverage = (EBIT_{Q3 2018} + EBIT_{Q2 2018} + EBIT_{Q1 2018} + EBIT_{Q4 2017}) ÷ (Interest expense_{Q3 2018} + Interest expense_{Q2 2018} + Interest expense_{Q1 2018} + Interest expense_{Q4 2017})
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Ratio	Description	The company
Interest coverage ratio	A solvency ratio calculated as EBIT divided by interest payments.	Emerson Electric Co.'s interest coverage ratio improved from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.

	Emerson Electric Co.	Other companies (not purchased previously)
Financial Statements
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Discounted Cash Flow (DCF) Valuation
Long-term Trends
Analysis
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Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Long-term Trends
Analysis
Financial Reporting Quality

Long-term Debt and Solvency AnalysisQuarterly Data

Ratios (Summary)

Debt to Equity

Debt to Capital

Interest Coverage

Long-term Debt and Solvency Analysis
Quarterly Data