Ryder System Balance Sheet Health
Financial Health criteria checks 2/6
Ryder System has a total shareholder equity of $3.1B and total debt of $7.5B, which brings its debt-to-equity ratio to 242.7%. Its total assets and total liabilities are $16.4B and $13.3B respectively. Ryder System's EBIT is $920.0M making its interest coverage ratio 2.7. It has cash and short-term investments of $164.0M.
Key information
242.7%
Debt to equity ratio
US$7.48b
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$164.00m |
| Equity | US$3.08b |
| Total liabilities | US$13.33b |
| Total assets | US$16.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R1 *'s short term assets ($2.4B) do not cover its short term liabilities ($3.2B).
Long Term Liabilities: R1 *'s short term assets ($2.4B) do not cover its long term liabilities ($10.1B).
Debt to Equity History and Analysis
Debt Level: R1 *'s net debt to equity ratio (237.4%) is considered high.
Reducing Debt: R1 *'s debt to equity ratio has reduced from 292.5% to 242.7% over the past 5 years.
Debt Coverage: R1 *'s debt is well covered by operating cash flow (29.6%).
Interest Coverage: R1 *'s interest payments on its debt are not well covered by EBIT (2.7x coverage).