Rayonier Balance Sheet Health
Financial Health criteria checks 3/6
Rayonier has a total shareholder equity of $1.9B and total debt of $1.3B, which brings its debt-to-equity ratio to 70.1%. Its total assets and total liabilities are $3.5B and $1.6B respectively. Rayonier's EBIT is $198.0M making its interest coverage ratio 7.8. It has cash and short-term investments of $74.2M.
Key information
70.1%
Debt to equity ratio
US$1.31b
Debt
| Interest coverage ratio | 7.8x |
| Cash | US$74.23m |
| Equity | US$1.87b |
| Total liabilities | US$1.61b |
| Total assets | US$3.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RA6's short term assets ($277.1M) exceed its short term liabilities ($139.5M).
Long Term Liabilities: RA6's short term assets ($277.1M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: RA6's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: RA6's debt to equity ratio has increased from 65.4% to 70.1% over the past 5 years.
Debt Coverage: RA6's debt is well covered by operating cash flow (20.1%).
Interest Coverage: RA6's interest payments on its debt are well covered by EBIT (7.8x coverage).