Rush Enterprises Balance Sheet Health
Financial Health criteria checks 4/6
Rush Enterprises has a total shareholder equity of $2.1B and total debt of $1.7B, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are $4.6B and $2.5B respectively. Rush Enterprises's EBIT is $475.0M making its interest coverage ratio 6.7. It has cash and short-term investments of $185.1M.
Key information
80.1%
Debt to equity ratio
US$1.68b
Debt
| Interest coverage ratio | 6.7x |
| Cash | US$185.07m |
| Equity | US$2.10b |
| Total liabilities | US$2.55b |
| Total assets | US$4.65b |
Recent financial health updates
Rush Enterprises (NASDAQ:RUSH.A) Takes On Some Risk With Its Use Of Debt
Dec 16
Rush Enterprises (NASDAQ:RUSH.A) Takes On Some Risk With Its Use Of Debt
Sep 07Rush Enterprises (NASDAQ:RUSH.A) Has A Somewhat Strained Balance Sheet
Apr 05Is Rush Enterprises (NASDAQ:RUSH.A) A Risky Investment?
Jan 02Recent updates
Rush Enterprises (NASDAQ:RUSH.A) Takes On Some Risk With Its Use Of Debt
Dec 16Is It Too Late To Consider Buying Rush Enterprises, Inc. (NASDAQ:RUSH.A)?
Nov 28Rush Enterprises, Inc. Just Recorded A 18% EPS Beat: Here's What Analysts Are Forecasting Next
Nov 01There Is A Reason Rush Enterprises, Inc.'s (NASDAQ:RUSH.A) Price Is Undemanding
Oct 31We Like These Underlying Return On Capital Trends At Rush Enterprises (NASDAQ:RUSH.A)
Oct 13Rush Enterprises (NASDAQ:RUSH.A) Takes On Some Risk With Its Use Of Debt
Sep 07At US$45.20, Is It Time To Put Rush Enterprises, Inc. (NASDAQ:RUSH.A) On Your Watch List?
Jul 15Earnings Working Against Rush Enterprises, Inc.'s (NASDAQ:RUSH.A) Share Price
Jun 27Returns 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 ($793.5M).
Debt to Equity History and Analysis
Debt Level: RUSH.A's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: RUSH.A's debt to equity ratio has reduced from 147.1% to 80.1% over the past 5 years.
Debt Coverage: RUSH.A's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: RUSH.A's interest payments on its debt are well covered by EBIT (6.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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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
Rush Enterprises, Inc. is covered by 19 analysts. 2 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 |
|---|---|
| Kristine Kubacki | Avondale Partners |
| Alfred Wood | BB&T Capital Markets |
| Joel Tiss | BMO Capital Markets Equity Research |