Regal Rexnord Balance Sheet Health
Financial Health criteria checks 1/6
Regal Rexnord has a total shareholder equity of $6.4B and total debt of $5.7B, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are $14.6B and $8.2B respectively. Regal Rexnord's EBIT is $723.5M making its interest coverage ratio 1.8. It has cash and short-term investments of $510.4M.
Key information
89.5%
Debt to equity ratio
US$5.70b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$510.40m |
| Equity | US$6.37b |
| Total liabilities | US$8.24b |
| Total assets | US$14.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RRX *'s short term assets ($3.0B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: RRX *'s short term assets ($3.0B) do not cover its long term liabilities ($7.0B).
Debt to Equity History and Analysis
Debt Level: RRX *'s net debt to equity ratio (81.5%) is considered high.
Reducing Debt: RRX *'s debt to equity ratio has increased from 50.2% to 89.5% over the past 5 years.
Debt Coverage: RRX *'s debt is not well covered by operating cash flow (11%).
Interest Coverage: RRX *'s interest payments on its debt are not well covered by EBIT (1.8x coverage).