Richelieu Hardware Balance Sheet Health
Financial Health criteria checks 5/6
Richelieu Hardware has a total shareholder equity of CA$916.5M and total debt of CA$42.7M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are CA$1.3B and CA$428.3M respectively. Richelieu Hardware's EBIT is CA$158.2M making its interest coverage ratio 13.2. It has cash and short-term investments of CA$25.9M.
Key information
4.7%
Debt to equity ratio
CA$42.70m
Debt
| Interest coverage ratio | 13.2x |
| Cash | CA$25.86m |
| Equity | CA$916.46m |
| Total liabilities | CA$428.34m |
| Total assets | CA$1.34b |
Recent financial health updates
Richelieu Hardware (TSE:RCH) Seems To Use Debt Quite Sensibly
Aug 18
These 4 Measures Indicate That Richelieu Hardware (TSE:RCH) Is Using Debt Reasonably Well
Apr 20Here's Why Richelieu Hardware (TSE:RCH) Can Manage Its Debt Responsibly
Jan 05Does Richelieu Hardware (TSE:RCH) Have A Healthy Balance Sheet?
Sep 29We Think Richelieu Hardware (TSE:RCH) Can Manage Its Debt With Ease
Jun 28Does Richelieu Hardware (TSE:RCH) Have A Healthy Balance Sheet?
Sep 24Recent updates
Return Trends At Richelieu Hardware (TSE:RCH) Aren't Appealing
Apr 05Some May Be Optimistic About Richelieu Hardware's (TSE:RCH) Earnings
Jan 25Richelieu Hardware Ltd.'s (TSE:RCH) Shares May Have Run Too Fast Too Soon
Dec 24Richelieu Hardware (TSE:RCH) Has More To Do To Multiply In Value Going Forward
Dec 11Estimating The Fair Value Of Richelieu Hardware Ltd. (TSE:RCH)
Oct 11Is It Too Late To Consider Buying Richelieu Hardware Ltd. (TSE:RCH)?
Sep 07Richelieu Hardware (TSE:RCH) Seems To Use Debt Quite Sensibly
Aug 18Shareholders Are Optimistic That Richelieu Hardware (TSE:RCH) Will Multiply In Value
Jul 01Should You Investigate Richelieu Hardware Ltd. (TSE:RCH) At CA$44.21?
May 11These 4 Measures Indicate That Richelieu Hardware (TSE:RCH) Is Using Debt Reasonably Well
Apr 20Investors Should Be Encouraged By Richelieu Hardware's (TSE:RCH) Returns On Capital
Mar 07Here's Why Richelieu Hardware (TSE:RCH) Can Manage Its Debt Responsibly
Jan 05A Look At The Intrinsic Value Of Richelieu Hardware Ltd. (TSE:RCH)
Nov 29Does Richelieu Hardware (TSE:RCH) Deserve A Spot On Your Watchlist?
Oct 21Richelieu Hardware (TSE:RCH) Is Very Good At Capital Allocation
Oct 10Does Richelieu Hardware (TSE:RCH) Have A Healthy Balance Sheet?
Sep 29Estimating The Intrinsic Value Of Richelieu Hardware Ltd. (TSE:RCH)
Aug 17Is There Now An Opportunity In Richelieu Hardware Ltd. (TSE:RCH)?
Jul 25Robust Earnings May Not Tell The Whole Story For Richelieu Hardware (TSE:RCH)
Jul 14Why We Like The Returns At Richelieu Hardware (TSE:RCH)
Jul 10We Think Richelieu Hardware (TSE:RCH) Can Manage Its Debt With Ease
Jun 28Does Richelieu Hardware (TSE:RCH) Deserve A Spot On Your Watchlist?
Jun 15A Look At The Fair Value Of Richelieu Hardware Ltd. (TSE:RCH)
May 18Returns On Capital Are A Standout For Richelieu Hardware (TSE:RCH)
Apr 04Why Richelieu Hardware Ltd. (TSE:RCH) Could Be Worth Watching
Mar 22Does Richelieu Hardware (TSE:RCH) Deserve A Spot On Your Watchlist?
Feb 15Need To Know: Analysts Are Much More Bullish On Richelieu Hardware Ltd. (TSE:RCH) Revenues
Jan 28Calculating The Intrinsic Value Of Richelieu Hardware Ltd. (TSE:RCH)
Jan 11What Is Richelieu Hardware Ltd.'s (TSE:RCH) Share Price Doing?
Dec 15Richelieu Hardware (TSE:RCH) Might Become A Compounding Machine
Nov 29Estimating The Fair Value Of Richelieu Hardware Ltd. (TSE:RCH)
Oct 05Does Richelieu Hardware (TSE:RCH) Have A Healthy Balance Sheet?
Sep 24Financial Position Analysis
Short Term Liabilities: RCH's short term assets (CA$857.5M) exceed its short term liabilities (CA$234.2M).
Long Term Liabilities: RCH's short term assets (CA$857.5M) exceed its long term liabilities (CA$194.2M).
Debt to Equity History and Analysis
Debt Level: RCH's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: RCH's debt to equity ratio has increased from 4% to 4.7% over the past 5 years.
Debt Coverage: RCH's debt is well covered by operating cash flow (591.1%).
Interest Coverage: RCH's interest payments on its debt are well covered by EBIT (13.2x coverage).