Ryerson Holding Balance Sheet Health
Financial Health criteria checks 4/6
Ryerson Holding has a total shareholder equity of $842.0M and total debt of $522.1M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are $2.5B and $1.7B respectively. Ryerson Holding's EBIT is $76.4M making its interest coverage ratio 1.8. It has cash and short-term investments of $35.0M.
Key information
62.0%
Debt to equity ratio
US$522.10m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$35.00m |
| Equity | US$842.00m |
| Total liabilities | US$1.69b |
| Total assets | US$2.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7RY's short term assets ($1.3B) exceed its short term liabilities ($585.1M).
Long Term Liabilities: 7RY's short term assets ($1.3B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: 7RY's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: 7RY's debt to equity ratio has reduced from 736.4% to 62% over the past 5 years.
Debt Coverage: 7RY's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 7RY's interest payments on its debt are not well covered by EBIT (1.8x coverage).