Columbus McKinnon Balance Sheet Health
Financial Health criteria checks 3/6
Columbus McKinnon has a total shareholder equity of $878.4M and total debt of $542.9M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are $1.9B and $978.9M respectively. Columbus McKinnon's EBIT is $111.2M making its interest coverage ratio 3.2. It has cash and short-term investments of $110.4M.
Key information
61.8%
Debt to equity ratio
US$542.91m
Debt
Interest coverage ratio | 3.2x |
Cash | US$110.45m |
Equity | US$878.44m |
Total liabilities | US$978.87m |
Total assets | US$1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VC3's short term assets ($516.4M) exceed its short term liabilities ($269.3M).
Long Term Liabilities: VC3's short term assets ($516.4M) do not cover its long term liabilities ($709.6M).
Debt to Equity History and Analysis
Debt Level: VC3's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: VC3's debt to equity ratio has reduced from 80.2% to 61.8% over the past 5 years.
Debt Coverage: VC3's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: VC3's interest payments on its debt are well covered by EBIT (3.2x coverage).