Fastenal Balance Sheet Health
Financial Health criteria checks 6/6
Fastenal has a total shareholder equity of $3.6B and total debt of $200.0M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are $4.7B and $1.1B respectively. Fastenal's EBIT is $1.5B making its interest coverage ratio 794.7. It has cash and short-term investments of $255.8M.
Key information
5.5%
Debt to equity ratio
US$200.00m
Debt
| Interest coverage ratio | 794.7x |
| Cash | US$255.80m |
| Equity | US$3.62b |
| Total liabilities | US$1.08b |
| Total assets | US$4.70b |
Recent financial health updates
Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Dec 29
Is Fastenal (NASDAQ:FAST) Using Too Much Debt?
Jul 01Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Feb 22Recent updates
At US$71.63, Is It Time To Put Fastenal Company (NASDAQ:FAST) On Your Watch List?
Jan 13Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Dec 29Fastenal: High Quality, But Valuation Concerns Apparent Amid Manufacturing Uncertainty
Dec 27Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?
Dec 15Earnings Update: Here's Why Analysts Just Lifted Their Fastenal Company (NASDAQ:FAST) Price Target To US$72.20
Oct 18High-Quality Dividend Stock Universe: Fastenal Company - In Need Of A Moderate Pullback
Oct 14Why We Like The Returns At Fastenal (NASDAQ:FAST)
Oct 11Fastenal: Resilience Is Overshadowed By Steep Valuation
Oct 06What Fastenal Company's (NASDAQ:FAST) P/E Is Not Telling You
Sep 27At US$69.82, Is Fastenal Company (NASDAQ:FAST) Worth Looking At Closely?
Sep 13Fastenal: Shifting From Branch To Onsite; Initiate With 'Sell' Due To High Valuation
Sep 12A Look At The Fair Value Of Fastenal Company (NASDAQ:FAST)
Aug 17Here's What Analysts Are Forecasting For Fastenal Company (NASDAQ:FAST) After Its Second-Quarter Results
Jul 20Fastenal Q2 Earnings: Stock Fairly Valued As Manufacturing Outlook Remains Soft
Jul 12Is Fastenal (NASDAQ:FAST) Using Too Much Debt?
Jul 01Investor Optimism Abounds Fastenal Company (NASDAQ:FAST) But Growth Is Lacking
Jun 19Fastenal (NASDAQ:FAST) Looks To Prolong Its Impressive Returns
Jun 07Are Fastenal Company (NASDAQ:FAST) Investors Paying Above The Intrinsic Value?
May 14Here's Why Fastenal Company's (NASDAQ:FAST) CEO May Deserve A Raise
Apr 19Fastenal Company (NASDAQ:FAST) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 13Fastenal Q1 Earnings: Subdued Demand Despite Improving Manufacturing Outlook
Apr 11What Is Fastenal Company's (NASDAQ:FAST) Share Price Doing?
Apr 02Fastenal: A New Member Of The Dividend Aristocrat Club You Probably Didn't Know
Mar 26Why You Should Care About Fastenal's (NASDAQ:FAST) Strong Returns On Capital
Mar 06Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Feb 22Analysts Are Updating Their Fastenal Company (NASDAQ:FAST) Estimates After Its Full-Year Results
Feb 09Fastenal Q4 Earnings: Softer Manufacturing Environment, Shares Adequately Priced
Jan 18Financial Position Analysis
Short Term Liabilities: FAST's short term assets ($3.2B) exceed its short term liabilities ($687.1M).
Long Term Liabilities: FAST's short term assets ($3.2B) exceed its long term liabilities ($394.6M).
Debt to Equity History and Analysis
Debt Level: FAST has more cash than its total debt.
Reducing Debt: FAST's debt to equity ratio has reduced from 12.9% to 5.5% over the past 5 years.
Debt Coverage: FAST's debt is well covered by operating cash flow (586.7%).
Interest Coverage: FAST's interest payments on its debt are well covered by EBIT (794.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 06:30 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fastenal Company is covered by 39 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| David Manthey | Baird |
| Scott Davis | Barclays |