Gorman-Rupp Balance Sheet Health
Financial Health criteria checks 2/6
Gorman-Rupp has a total shareholder equity of $367.3M and total debt of $383.0M, which brings its debt-to-equity ratio to 104.3%. Its total assets and total liabilities are $883.5M and $516.1M respectively. Gorman-Rupp's EBIT is $89.1M making its interest coverage ratio 2.4. It has cash and short-term investments of $39.7M.
Key information
104.3%
Debt to equity ratio
US$383.03m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$39.70m |
| Equity | US$367.33m |
| Total liabilities | US$516.14m |
| Total assets | US$883.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GO4's short term assets ($240.6M) exceed its short term liabilities ($100.5M).
Long Term Liabilities: GO4's short term assets ($240.6M) do not cover its long term liabilities ($415.6M).
Debt to Equity History and Analysis
Debt Level: GO4's net debt to equity ratio (93.5%) is considered high.
Reducing Debt: GO4's debt to equity ratio has increased from 0% to 104.3% over the past 5 years.
Debt Coverage: GO4's debt is well covered by operating cash flow (22.8%).
Interest Coverage: GO4's interest payments on its debt are not well covered by EBIT (2.4x coverage).