MSC Industrial Direct Balance Sheet Health
Financial Health criteria checks 6/6
MSC Industrial Direct has a total shareholder equity of $1.4B and total debt of $552.0M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are $2.5B and $1.1B respectively. MSC Industrial Direct's EBIT is $458.2M making its interest coverage ratio 21.8. It has cash and short-term investments of $22.2M.
Key information
39.3%
Debt to equity ratio
US$552.01m
Debt
Interest coverage ratio | 21.8x |
Cash | US$22.23m |
Equity | US$1.40b |
Total liabilities | US$1.10b |
Total assets | US$2.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 98M's short term assets ($1.3B) exceed its short term liabilities ($630.4M).
Long Term Liabilities: 98M's short term assets ($1.3B) exceed its long term liabilities ($467.5M).
Debt to Equity History and Analysis
Debt Level: 98M's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: 98M's debt to equity ratio has reduced from 40.3% to 39.3% over the past 5 years.
Debt Coverage: 98M's debt is well covered by operating cash flow (80.3%).
Interest Coverage: 98M's interest payments on its debt are well covered by EBIT (21.8x coverage).