Rush Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Rush Enterprises has a total shareholder equity of $2.0B and total debt of $1.8B, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are $4.6B and $2.7B respectively. Rush Enterprises's EBIT is $494.4M making its interest coverage ratio 8.3. It has cash and short-term investments of $155.9M.
Key information
90.7%
Debt to equity ratio
US$1.77b
Debt
Interest coverage ratio | 8.3x |
Cash | US$155.91m |
Equity | US$1.95b |
Total liabilities | US$2.67b |
Total assets | US$4.63b |
Recent financial health updates
Rush Enterprises (NASDAQ:RUSH.A) Has A Somewhat Strained Balance Sheet
Apr 05Is Rush Enterprises (NASDAQ:RUSH.A) A Risky Investment?
Jan 02Recent updates
Returns Are Gaining Momentum At Rush Enterprises (NASDAQ:RUSH.A)
Apr 23Rush Enterprises (NASDAQ:RUSH.A) Has A Somewhat Strained Balance Sheet
Apr 05Rush Enterprises, Inc. (NASDAQ:RUSH.A) Looks Inexpensive But Perhaps Not Attractive Enough
Mar 18What Does Rush Enterprises, Inc.'s (NASDAQ:RUSH.A) Share Price Indicate?
Feb 29Rush Enterprises (NASDAQ:RUSH.A) Is Achieving High Returns On Its Capital
Jan 23Is Rush Enterprises (NASDAQ:RUSH.A) A Risky Investment?
Jan 02Financial Position Analysis
Short Term Liabilities: RUSH.A's short term assets ($2.5B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: RUSH.A's short term assets ($2.5B) exceed its long term liabilities ($916.8M).
Debt to Equity History and Analysis
Debt Level: RUSH.A's net debt to equity ratio (82.7%) is considered high.
Reducing Debt: RUSH.A's debt to equity ratio has reduced from 164.5% to 90.7% over the past 5 years.
Debt Coverage: RUSH.A's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: RUSH.A's interest payments on its debt are well covered by EBIT (8.3x coverage).