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
Sep 07
Rush 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, 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).