Fastenal Financial Health
How is Fastenal's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FAST's short term assets ($3.2B) exceed its short term liabilities ($802.6M).
Long Term Liabilities: FAST's short term assets ($3.2B) exceed its long term liabilities ($663.6M).
Debt to Equity History and Analysis
Debt Level: FAST's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: FAST's debt to equity ratio has reduced from 21.7% to 17.6% over the past 5 years.
Debt Coverage: FAST's debt is well covered by operating cash flow (143.3%).
Interest Coverage: FAST's interest payments on its debt are well covered by EBIT (125.8x coverage).