BlueLinx Holdings Balance Sheet Health
Financial Health criteria checks 6/6
BlueLinx Holdings has a total shareholder equity of $655.6M and total debt of $294.7M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are $1.6B and $955.5M respectively. BlueLinx Holdings's EBIT is $100.4M making its interest coverage ratio 5.5. It has cash and short-term investments of $526.3M.
Key information
45.0%
Debt to equity ratio
US$294.73m
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$526.28m |
| Equity | US$655.59m |
| Total liabilities | US$955.49m |
| Total assets | US$1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FZG1's short term assets ($1.2B) exceed its short term liabilities ($257.7M).
Long Term Liabilities: FZG1's short term assets ($1.2B) exceed its long term liabilities ($697.8M).
Debt to Equity History and Analysis
Debt Level: FZG1 has more cash than its total debt.
Reducing Debt: FZG1 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: FZG1's debt is well covered by operating cash flow (48.2%).
Interest Coverage: FZG1's interest payments on its debt are well covered by EBIT (5.5x coverage).