Fastenal Balance Sheet Health
Financial Health criteria checks 6/6
Fastenal has a total shareholder equity of $3.5B and total debt of $235.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are $4.6B and $1.1B respectively. Fastenal's EBIT is $1.5B making its interest coverage ratio 843.2. It has cash and short-term investments of $255.5M.
Key information
6.7%
Debt to equity ratio
US$235.00m
Debt
Interest coverage ratio | 843.2x |
Cash | US$255.50m |
Equity | US$3.50b |
Total liabilities | US$1.11b |
Total assets | US$4.60b |
Recent financial health updates
Is Fastenal (NASDAQ:FAST) Using Too Much Debt?
Jul 01Fastenal (NASDAQ:FAST) Has A Pretty Healthy Balance Sheet
Feb 22Is Fastenal (NASDAQ:FAST) Using Too Much Debt?
Oct 30Fastenal (NASDAQ:FAST) Could Easily Take On More Debt
Jul 31Fastenal (NASDAQ:FAST) Has A Rock Solid Balance Sheet
Apr 23Fastenal (NASDAQ:FAST) Seems To Use Debt Rather Sparingly
Jan 16Recent updates
A 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 18Earnings Not Telling The Story For Fastenal Company (NASDAQ:FAST)
Jan 08Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today
Dec 25Is Fastenal Company (NASDAQ:FAST) Worth US$63.4 Based On Its Intrinsic Value?
Dec 12Is It Time To Consider Buying Fastenal Company (NASDAQ:FAST)?
Nov 25Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns
Nov 13Is Fastenal (NASDAQ:FAST) Using Too Much Debt?
Oct 30Should You Be Adding Fastenal (NASDAQ:FAST) To Your Watchlist Today?
Sep 20Is Now An Opportune Moment To Examine Fastenal Company (NASDAQ:FAST)?
Aug 24Does This Valuation Of Fastenal Company (NASDAQ:FAST) Imply Investors Are Overpaying?
Aug 12Fastenal (NASDAQ:FAST) Could Easily Take On More Debt
Jul 31Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns
Jul 02Here's Why We Think Fastenal (NASDAQ:FAST) Might Deserve Your Attention Today
Jun 18Why Fastenal Company (NASDAQ:FAST) Could Be Worth Watching
May 09Fastenal (NASDAQ:FAST) Has A Rock Solid Balance Sheet
Apr 23Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns
Mar 16Here's Why We Think Fastenal (NASDAQ:FAST) Is Well Worth Watching
Mar 04Fastenal (NASDAQ:FAST) Seems To Use Debt Rather Sparingly
Jan 16Why Fastenal Company (NASDAQ:FAST) Could Be Worth Watching
Dec 13Fastenal (NASDAQ:FAST) Knows How To Allocate Capital
Nov 30Is Fastenal Company (NASDAQ:FAST) Worth US$51.7 Based On Its Intrinsic Value?
Nov 19If EPS Growth Is Important To You, Fastenal (NASDAQ:FAST) Presents An Opportunity
Oct 25Fastenal: Built To Last, But Not A Buy Yet
Oct 19Fastenal GAAP EPS of $0.50 beats by $0.02, revenue of $1.8B beats by $20M
Oct 13Fastenal (NASDAQ:FAST) Could Easily Take On More Debt
Oct 10Is It Too Late To Consider Buying Fastenal Company (NASDAQ:FAST)?
Sep 04Fastenal: Good Growth Prospects But Expensive
Aug 28Estimating The Intrinsic Value Of Fastenal Company (NASDAQ:FAST)
Aug 13Fastenal (NASDAQ:FAST) Is Aiming To Keep Up Its Impressive Returns
Aug 02Financial Position Analysis
Short Term Liabilities: FAST's short term assets ($3.1B) exceed its short term liabilities ($717.0M).
Long Term Liabilities: FAST's short term assets ($3.1B) exceed its long term liabilities ($390.9M).
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 20% to 6.7% over the past 5 years.
Debt Coverage: FAST's debt is well covered by operating cash flow (568.4%).
Interest Coverage: FAST's interest payments on its debt are well covered by EBIT (843.2x coverage).