BlueLinx Holdings Balance Sheet Health
Financial Health criteria checks 6/6
BlueLinx Holdings has a total shareholder equity of $653.2M and total debt of $294.1M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are $1.6B and $938.4M respectively. BlueLinx Holdings's EBIT is $127.9M making its interest coverage ratio 6.2. It has cash and short-term investments of $481.3M.
Key information
45.0%
Debt to equity ratio
US$294.07m
Debt
Interest coverage ratio | 6.2x |
Cash | US$481.31m |
Equity | US$653.22m |
Total liabilities | US$938.42m |
Total assets | US$1.59b |
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 ($249.1M).
Long Term Liabilities: FZG1's short term assets ($1.2B) exceed its long term liabilities ($689.3M).
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 (63.3%).
Interest Coverage: FZG1's interest payments on its debt are well covered by EBIT (6.2x coverage).