RPM International Balance Sheet Health
Financial Health criteria checks 4/6
RPM International has a total shareholder equity of $2.3B and total debt of $2.2B, which brings its debt-to-equity ratio to 93.4%. Its total assets and total liabilities are $6.4B and $4.0B respectively. RPM International's EBIT is $847.8M making its interest coverage ratio 10.1. It has cash and short-term investments of $248.9M.
Key information
93.4%
Debt to equity ratio
US$2.19b
Debt
Interest coverage ratio | 10.1x |
Cash | US$248.91m |
Equity | US$2.35b |
Total liabilities | US$4.03b |
Total assets | US$6.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RP8's short term assets ($2.7B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: RP8's short term assets ($2.7B) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: RP8's net debt to equity ratio (82.8%) is considered high.
Reducing Debt: RP8's debt to equity ratio has reduced from 175.1% to 93.4% over the past 5 years.
Debt Coverage: RP8's debt is well covered by operating cash flow (57.2%).
Interest Coverage: RP8's interest payments on its debt are well covered by EBIT (10.1x coverage).