Russel Metals Balance Sheet Health

Financial Health criteria checks 6/6

Russel Metals has a total shareholder equity of CA$1.6B and total debt of CA$149.1M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are CA$2.5B and CA$879.5M respectively. Russel Metals's EBIT is CA$244.1M making its interest coverage ratio 55.5. It has cash and short-term investments of CA$222.3M.

Key information

9.3%

Debt to equity ratio

CA$149.10m

Debt

Interest coverage ratio55.5x
CashCA$222.30m
EquityCA$1.60b
Total liabilitiesCA$879.50m
Total assetsCA$2.48b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RMZ's short term assets (CA$1.7B) exceed its short term liabilities (CA$519.6M).

Long Term Liabilities: RMZ's short term assets (CA$1.7B) exceed its long term liabilities (CA$359.9M).


Debt to Equity History and Analysis

Debt Level: RMZ has more cash than its total debt.

Reducing Debt: RMZ's debt to equity ratio has reduced from 58.9% to 9.3% over the past 5 years.

Debt Coverage: RMZ's debt is well covered by operating cash flow (256.9%).

Interest Coverage: RMZ's interest payments on its debt are well covered by EBIT (55.5x coverage).


Balance Sheet


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