Raymond James Financial Balance Sheet Health
Financial Health criteria checks 5/6
Raymond James Financial has a total shareholder equity of $11.0B and total debt of $4.7B, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are $81.2B and $70.3B respectively.
Key information
42.4%
Debt to equity ratio
US$4.66b
Debt
Interest coverage ratio | n/a |
Cash | US$16.07b |
Equity | US$10.98b |
Total liabilities | US$70.25b |
Total assets | US$81.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RJF's short term assets ($66.4B) exceed its short term liabilities ($31.5B).
Long Term Liabilities: RJF's short term assets ($66.4B) exceed its long term liabilities ($38.8B).
Debt to Equity History and Analysis
Debt Level: RJF has more cash than its total debt.
Reducing Debt: RJF's debt to equity ratio has reduced from 56.1% to 42.4% over the past 5 years.
Debt Coverage: RJF's debt is well covered by operating cash flow (25.3%).
Interest Coverage: Insufficient data to determine if RJF's interest payments on its debt are well covered by EBIT.