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).