Columbus McKinnon Balance Sheet Health
Financial Health criteria checks 2/6
Columbus McKinnon has a total shareholder equity of $896.1M and total debt of $493.8M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are $1.8B and $880.8M respectively. Columbus McKinnon's EBIT is $64.6M making its interest coverage ratio 1.9. It has cash and short-term investments of $58.2M.
Key information
55.1%
Debt to equity ratio
US$493.76m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$58.18m |
| Equity | US$896.13m |
| Total liabilities | US$880.75m |
| Total assets | US$1.78b |
Recent financial health updates
Here's Why Columbus McKinnon (NASDAQ:CMCO) Has A Meaningful Debt Burden
Oct 23
Here's Why Columbus McKinnon (NASDAQ:CMCO) Has A Meaningful Debt Burden
Jul 02Does Columbus McKinnon (NASDAQ:CMCO) Have A Healthy Balance Sheet?
Jan 23Columbus McKinnon (NASDAQ:CMCO) Seems To Use Debt Quite Sensibly
Oct 19Is Columbus McKinnon (NASDAQ:CMCO) A Risky Investment?
Jun 05Here's Why Columbus McKinnon (NASDAQ:CMCO) Can Manage Its Debt Responsibly
Nov 14Recent updates
What Does Columbus McKinnon Corporation's (NASDAQ:CMCO) Share Price Indicate?
Nov 25Some May Be Optimistic About Columbus McKinnon's (NASDAQ:CMCO) Earnings
Nov 06Columbus McKinnon (NASDAQ:CMCO) Will Pay A Dividend Of $0.07
Oct 25Here's Why Columbus McKinnon (NASDAQ:CMCO) Has A Meaningful Debt Burden
Oct 23Columbus McKinnon Corporation (NASDAQ:CMCO) Shares Could Be 46% Below Their Intrinsic Value Estimate
Sep 06Unloved Columbus McKinnon Deserves Another Look Ahead Of A Short-Cycle Recovery
Aug 21Columbus McKinnon (NASDAQ:CMCO) Is Due To Pay A Dividend Of $0.07
Aug 06Why Columbus McKinnon Corporation (NASDAQ:CMCO) Could Be Worth Watching
Jul 17Here's Why Columbus McKinnon (NASDAQ:CMCO) Has A Meaningful Debt Burden
Jul 02Columbus McKinnon Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Jun 01Columbus McKinnon: Management's Ambitious Growth Plans Can Lift This Stock Higher
May 28Columbus McKinnon Corporation's (NASDAQ:CMCO) Popularity With Investors Is Clear
Apr 17Is There Now An Opportunity In Columbus McKinnon Corporation (NASDAQ:CMCO)?
Mar 29Columbus McKinnon's (NASDAQ:CMCO) Earnings Offer More Than Meets The Eye
Feb 07Does Columbus McKinnon (NASDAQ:CMCO) Have A Healthy Balance Sheet?
Jan 23Columbus McKinnon: Metrics Are Improving But Not Where I'd Like Them To Be Yet
Jan 19Columbus McKinnon Corporation's (NASDAQ:CMCO) Intrinsic Value Is Potentially 84% Above Its Share Price
Dec 14Should You Think About Buying Columbus McKinnon Corporation (NASDAQ:CMCO) Now?
Nov 06Columbus McKinnon (NASDAQ:CMCO) Seems To Use Debt Quite Sensibly
Oct 19Is Columbus McKinnon Corporation (NASDAQ:CMCO) Trading At A 43% Discount?
Jul 10Is Columbus McKinnon (NASDAQ:CMCO) A Risky Investment?
Jun 05Why Columbus McKinnon Corporation (NASDAQ:CMCO) Could Be Worth Watching
May 19Estimating The Intrinsic Value Of Columbus McKinnon Corporation (NASDAQ:CMCO)
Mar 06Is It Time To Consider Buying Columbus McKinnon Corporation (NASDAQ:CMCO)?
Feb 02Here's Why Columbus McKinnon (NASDAQ:CMCO) Can Manage Its Debt Responsibly
Nov 14Financial Position Analysis
Short Term Liabilities: CMCO's short term assets ($467.7M) exceed its short term liabilities ($229.7M).
Long Term Liabilities: CMCO's short term assets ($467.7M) do not cover its long term liabilities ($651.1M).
Debt to Equity History and Analysis
Debt Level: CMCO's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: CMCO's debt to equity ratio has reduced from 60.6% to 55.1% over the past 5 years.
Debt Coverage: CMCO's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: CMCO's interest payments on its debt are not well covered by EBIT (1.9x coverage).