Regal Rexnord Balance Sheet Health
Financial Health criteria checks 1/6
Regal Rexnord has a total shareholder equity of $6.5B and total debt of $5.6B, which brings its debt-to-equity ratio to 86.2%. Its total assets and total liabilities are $14.6B and $8.1B respectively. Regal Rexnord's EBIT is $744.0M making its interest coverage ratio 1.9. It has cash and short-term investments of $458.6M.
Key information
86.2%
Debt to equity ratio
US$5.59b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$458.60m |
| Equity | US$6.49b |
| Total liabilities | US$8.07b |
| Total assets | US$14.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RB8's short term assets ($3.0B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: RB8's short term assets ($3.0B) do not cover its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: RB8's net debt to equity ratio (79.1%) is considered high.
Reducing Debt: RB8's debt to equity ratio has increased from 51.4% to 86.2% over the past 5 years.
Debt Coverage: RB8's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: RB8's interest payments on its debt are not well covered by EBIT (1.9x coverage).