Columbus McKinnon Corporation

NasdaqGS:CMCO Stock Report

Market Cap: US$1.2b

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 ratio3.2x
CashUS$110.45m
EquityUS$878.44m
Total liabilitiesUS$978.87m
Total assetsUS$1.86b

Recent financial health updates

Recent updates

Columbus McKinnon's (NASDAQ:CMCO) Earnings Offer More Than Meets The Eye

Feb 07
Columbus McKinnon's (NASDAQ:CMCO) Earnings Offer More Than Meets The Eye

Does Columbus McKinnon (NASDAQ:CMCO) Have A Healthy Balance Sheet?

Jan 23
Does Columbus McKinnon (NASDAQ:CMCO) Have A Healthy Balance Sheet?

Columbus McKinnon: Metrics Are Improving But Not Where I'd Like Them To Be Yet

Jan 19

Columbus McKinnon Corporation's (NASDAQ:CMCO) Intrinsic Value Is Potentially 84% Above Its Share Price

Dec 14
Columbus McKinnon Corporation's (NASDAQ:CMCO) Intrinsic Value Is Potentially 84% Above Its Share Price

Should You Think About Buying Columbus McKinnon Corporation (NASDAQ:CMCO) Now?

Nov 06
Should You Think About Buying Columbus McKinnon Corporation (NASDAQ:CMCO) Now?

Columbus McKinnon (NASDAQ:CMCO) Seems To Use Debt Quite Sensibly

Oct 19
Columbus McKinnon (NASDAQ:CMCO) Seems To Use Debt Quite Sensibly

Is Columbus McKinnon Corporation (NASDAQ:CMCO) Trading At A 43% Discount?

Jul 10
Is Columbus McKinnon Corporation (NASDAQ:CMCO) Trading At A 43% Discount?

Is Columbus McKinnon (NASDAQ:CMCO) A Risky Investment?

Jun 05
Is Columbus McKinnon (NASDAQ:CMCO) A Risky Investment?

Why Columbus McKinnon Corporation (NASDAQ:CMCO) Could Be Worth Watching

May 19
Why Columbus McKinnon Corporation (NASDAQ:CMCO) Could Be Worth Watching

Estimating The Intrinsic Value Of Columbus McKinnon Corporation (NASDAQ:CMCO)

Mar 06
Estimating The Intrinsic Value Of Columbus McKinnon Corporation (NASDAQ:CMCO)

Is It Time To Consider Buying Columbus McKinnon Corporation (NASDAQ:CMCO)?

Feb 02
Is It Time To Consider Buying Columbus McKinnon Corporation (NASDAQ:CMCO)?

Here's Why Columbus McKinnon (NASDAQ:CMCO) Can Manage Its Debt Responsibly

Nov 14
Here's Why Columbus McKinnon (NASDAQ:CMCO) Can Manage Its Debt Responsibly

Columbus McKinnon declares $0.07 dividend

Oct 17

We Think Columbus McKinnon (NASDAQ:CMCO) Can Stay On Top Of Its Debt

Jul 20
We Think Columbus McKinnon (NASDAQ:CMCO) Can Stay On Top Of Its Debt

Columbus McKinnon Under Pressure Now, But The Longer-Term Opportunity Is Intriguing

Jul 15

Is Now The Time To Look At Buying Columbus McKinnon Corporation (NASDAQ:CMCO)?

Jun 27
Is Now The Time To Look At Buying Columbus McKinnon Corporation (NASDAQ:CMCO)?

Columbus McKinnon's Transformation Still Not Fully Reflected In The Shares

Mar 30

Is It Too Late To Consider Buying Columbus McKinnon Corporation (NASDAQ:CMCO)?

Mar 23
Is It Too Late To Consider Buying Columbus McKinnon Corporation (NASDAQ:CMCO)?

Here's Why Columbus McKinnon (NASDAQ:CMCO) Can Manage Its Debt Responsibly

Mar 03
Here's Why Columbus McKinnon (NASDAQ:CMCO) Can Manage Its Debt Responsibly

Columbus McKinnon Corporation's (NASDAQ:CMCO) Intrinsic Value Is Potentially 92% Above Its Share Price

Feb 09
Columbus McKinnon Corporation's (NASDAQ:CMCO) Intrinsic Value Is Potentially 92% Above Its Share Price

Financial 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).


Balance Sheet


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