Columbus McKinnon Balance Sheet Health
Financial Health criteria checks 3/6
Columbus McKinnon has a total shareholder equity of $878.4M and total debt of $542.9M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are $1.9B and $978.9M respectively. Columbus McKinnon's EBIT is $111.2M making its interest coverage ratio 3.2. It has cash and short-term investments of $110.4M.
Key information
61.8%
Debt to equity ratio
US$542.91m
Debt
Interest coverage ratio | 3.2x |
Cash | US$110.45m |
Equity | US$878.44m |
Total liabilities | US$978.87m |
Total assets | US$1.86b |
Recent financial health updates
Does 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 14We Think Columbus McKinnon (NASDAQ:CMCO) Can Stay On Top Of Its Debt
Jul 20Here's Why Columbus McKinnon (NASDAQ:CMCO) Can Manage Its Debt Responsibly
Mar 03Recent updates
Columbus 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 14Columbus McKinnon declares $0.07 dividend
Oct 17We Think Columbus McKinnon (NASDAQ:CMCO) Can Stay On Top Of Its Debt
Jul 20Columbus McKinnon Under Pressure Now, But The Longer-Term Opportunity Is Intriguing
Jul 15Is Now The Time To Look At Buying Columbus McKinnon Corporation (NASDAQ:CMCO)?
Jun 27Columbus McKinnon's Transformation Still Not Fully Reflected In The Shares
Mar 30Is It Too Late To Consider Buying Columbus McKinnon Corporation (NASDAQ:CMCO)?
Mar 23Here's Why Columbus McKinnon (NASDAQ:CMCO) Can Manage Its Debt Responsibly
Mar 03Columbus McKinnon Corporation's (NASDAQ:CMCO) Intrinsic Value Is Potentially 92% Above Its Share Price
Feb 09Financial Position Analysis
Short Term Liabilities: CMCO's short term assets ($516.4M) exceed its short term liabilities ($269.3M).
Long Term Liabilities: CMCO's short term assets ($516.4M) do not cover its long term liabilities ($709.6M).
Debt to Equity History and Analysis
Debt Level: CMCO's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: CMCO's debt to equity ratio has reduced from 80.2% to 61.8% over the past 5 years.
Debt Coverage: CMCO's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: CMCO's interest payments on its debt are well covered by EBIT (3.2x coverage).