Russel Metals Balance Sheet Health
Financial Health criteria checks 6/6
Russel Metals has a total shareholder equity of CA$1.6B and total debt of CA$149.1M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are CA$2.5B and CA$879.5M respectively. Russel Metals's EBIT is CA$244.1M making its interest coverage ratio 55.5. It has cash and short-term investments of CA$222.3M.
Key information
9.3%
Debt to equity ratio
CA$149.10m
Debt
| Interest coverage ratio | 55.5x |
| Cash | CA$222.30m |
| Equity | CA$1.60b |
| Total liabilities | CA$879.50m |
| Total assets | CA$2.48b |
Recent financial health updates
Is Russel Metals (TSE:RUS) A Risky Investment?
Mar 04
Russel Metals (TSE:RUS) Seems To Use Debt Quite Sensibly
Oct 23Does Russel Metals (TSE:RUS) Have A Healthy Balance Sheet?
Jul 16We Think Russel Metals (TSE:RUS) Can Manage Its Debt With Ease
Jan 28Russel Metals (TSE:RUS) Could Easily Take On More Debt
Sep 13Russel Metals (TSE:RUS) Seems To Use Debt Rather Sparingly
Jun 10Recent updates
Russel Metals (TSE:RUS) Is Increasing Its Dividend To CA$0.42
May 14Is Russel Metals (TSE:RUS) A Risky Investment?
Mar 04Here's What Analysts Are Forecasting For Russel Metals Inc. (TSE:RUS) After Its Annual Results
Feb 11A Look At The Intrinsic Value Of Russel Metals Inc. (TSE:RUS)
Jan 31Improved Earnings Required Before Russel Metals Inc. (TSE:RUS) Shares Find Their Feet
Jan 08Should You Investigate Russel Metals Inc. (TSE:RUS) At CA$37.80?
Nov 10Russel Metals (TSE:RUS) Seems To Use Debt Quite Sensibly
Oct 23Calculating The Intrinsic Value Of Russel Metals Inc. (TSE:RUS)
Sep 13Russel Metals' (TSE:RUS) Upcoming Dividend Will Be Larger Than Last Year's
Aug 14At CA$36.95, Is Russel Metals Inc. (TSE:RUS) Worth Looking At Closely?
Aug 11Does Russel Metals (TSE:RUS) Have A Healthy Balance Sheet?
Jul 16Is Russel Metals Inc. (TSE:RUS) Worth CA$37.6 Based On Its Intrinsic Value?
Jun 14Russel Metals (TSE:RUS) Has Announced That It Will Be Increasing Its Dividend To CA$0.40
May 22Why Russel Metals Inc. (TSE:RUS) Could Be Worth Watching
May 04Russel Metals (TSE:RUS) Is Paying Out A Dividend Of CA$0.38
Feb 13We Think Russel Metals (TSE:RUS) Can Manage Its Debt With Ease
Jan 28Is It Time To Consider Buying Russel Metals Inc. (TSE:RUS)?
Jan 11Estimating The Intrinsic Value Of Russel Metals Inc. (TSE:RUS)
Dec 14What Does Russel Metals Inc.'s (TSE:RUS) Share Price Indicate?
Oct 04Russel Metals (TSE:RUS) Could Easily Take On More Debt
Sep 13Russel Metals (TSE:RUS) Is Due To Pay A Dividend Of CA$0.38
Aug 15Russel Metals Inc. (TSE:RUS) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jul 24Russel Metals (TSE:RUS) Seems To Use Debt Rather Sparingly
Jun 10Bullish: Analysts Just Made A Decent Upgrade To Their Russel Metals Inc. (TSE:RUS) Forecasts
May 09Russel Metals (TSE:RUS) Will Pay A Dividend Of CA$0.38
May 08Should You Think About Buying Russel Metals Inc. (TSE:RUS) Now?
May 07Estimating The Fair Value Of Russel Metals Inc. (TSE:RUS)
Apr 14Russel Metals (TSE:RUS) Could Easily Take On More Debt
Mar 04Financial Position Analysis
Short Term Liabilities: RUS's short term assets (CA$1.7B) exceed its short term liabilities (CA$519.6M).
Long Term Liabilities: RUS's short term assets (CA$1.7B) exceed its long term liabilities (CA$359.9M).
Debt to Equity History and Analysis
Debt Level: RUS has more cash than its total debt.
Reducing Debt: RUS's debt to equity ratio has reduced from 58.9% to 9.3% over the past 5 years.
Debt Coverage: RUS's debt is well covered by operating cash flow (256.9%).
Interest Coverage: RUS's interest payments on its debt are well covered by EBIT (55.5x coverage).