Gorman-Rupp Balance Sheet Health
Financial Health criteria checks 2/6
Gorman-Rupp has a total shareholder equity of $358.6M and total debt of $395.7M, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are $891.1M and $532.5M respectively. Gorman-Rupp's EBIT is $88.3M making its interest coverage ratio 2.2. It has cash and short-term investments of $35.5M.
Key information
110.3%
Debt to equity ratio
US$395.67m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$35.55m |
| Equity | US$358.56m |
| Total liabilities | US$532.50m |
| Total assets | US$891.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GO4's short term assets ($246.4M) exceed its short term liabilities ($100.8M).
Long Term Liabilities: GO4's short term assets ($246.4M) do not cover its long term liabilities ($431.7M).
Debt to Equity History and Analysis
Debt Level: GO4's net debt to equity ratio (100.4%) is considered high.
Reducing Debt: GO4's debt to equity ratio has increased from 0% to 110.3% over the past 5 years.
Debt Coverage: GO4's debt is well covered by operating cash flow (23.7%).
Interest Coverage: GO4's interest payments on its debt are not well covered by EBIT (2.2x coverage).