Columbus McKinnon Balance Sheet Health
Financial Health criteria checks 2/6
Columbus McKinnon has a total shareholder equity of $896.1M and total debt of $493.8M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are $1.8B and $880.8M respectively. Columbus McKinnon's EBIT is $64.6M making its interest coverage ratio 1.9. It has cash and short-term investments of $58.2M.
Key information
55.1%
Debt to equity ratio
US$493.76m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$58.18m |
| Equity | US$896.13m |
| Total liabilities | US$880.75m |
| Total assets | US$1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VC3's short term assets ($467.7M) exceed its short term liabilities ($229.7M).
Long Term Liabilities: VC3's short term assets ($467.7M) do not cover its long term liabilities ($651.1M).
Debt to Equity History and Analysis
Debt Level: VC3's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: VC3's debt to equity ratio has reduced from 60.6% to 55.1% over the past 5 years.
Debt Coverage: VC3's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: VC3's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 18:42 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Columbus McKinnon Corporation is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Williams | BB&T Capital Markets |
| Jonathan Tanwanteng | CJS Securities, Inc. |
| Gary Farber | CL King & Associates, Inc. |