Gorman-Rupp Balance Sheet Health
Financial Health criteria checks 2/6
Gorman-Rupp has a total shareholder equity of $349.5M and total debt of $406.8M, which brings its debt-to-equity ratio to 116.4%. Its total assets and total liabilities are $890.4M and $540.9M respectively. Gorman-Rupp's EBIT is $85.5M making its interest coverage ratio 2.1. It has cash and short-term investments of $31.5M.
Key information
116.4%
Debt to equity ratio
US$406.81m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$31.47m |
| Equity | US$349.46m |
| Total liabilities | US$540.90m |
| Total assets | US$890.36m |
Recent financial health updates
Is Gorman-Rupp (NYSE:GRC) Using Too Much Debt?
Jan 08
Does Gorman-Rupp (NYSE:GRC) Have A Healthy Balance Sheet?
Jun 07Here's Why Gorman-Rupp (NYSE:GRC) Has A Meaningful Debt Burden
Jan 15Recent updates
Market Participants Recognise The Gorman-Rupp Company's (NYSE:GRC) Earnings
Feb 13Gorman-Rupp: Quality Business Justifies A Higher Valuation
Feb 12Gorman-Rupp (NYSE:GRC) Is Due To Pay A Dividend Of $0.18
Jan 29Is Gorman-Rupp (NYSE:GRC) Using Too Much Debt?
Jan 08A Look At The Intrinsic Value Of The Gorman-Rupp Company (NYSE:GRC)
Dec 08Gorman-Rupp: Good Execution, Steep Price
Nov 10Gorman-Rupp's (NYSE:GRC) Upcoming Dividend Will Be Larger Than Last Year's
Oct 30The Gorman-Rupp Company: Fantastic Quarter Creates Favorable Risk-Reward Scenario
Aug 28Gorman-Rupp: Further Upside After Strong Q2 Results
Aug 08Gorman-Rupp (NYSE:GRC) Has Affirmed Its Dividend Of $0.175
Jul 31Does Gorman-Rupp (NYSE:GRC) Have A Healthy Balance Sheet?
Jun 07Gorman-Rupp (NYSE:GRC) Will Pay A Dividend Of $0.175
May 04The Gorman-Rupp Company: Shares Need To Fall Further To Justify Action
Feb 18Gorman-Rupp Non-GAAP EPS of $0.11 misses by $0.07, revenue of $146M beats by $0.85M
Feb 03Gorman-Rupp (NYSE:GRC) Is Due To Pay A Dividend Of $0.175
Jan 30Gorman-Rupp declares $0.175 dividend
Jan 27Here's Why Gorman-Rupp (NYSE:GRC) Has A Meaningful Debt Burden
Jan 15Gorman-Rupp's Sell-Off Seems Overdone Relative To The Longer-Term Opportunities
Nov 15Gorman-Rupp (NYSE:GRC) Is Increasing Its Dividend To $0.175
Oct 31Gorman-Rupp Non-GAAP EPS of $0.25 misses by $0.11, revenue of $153.8M beats by $11.8M
Oct 28Estimating The Fair Value Of The Gorman-Rupp Company (NYSE:GRC)
Oct 12Gorman-Rupp declares $0.17 dividend
Jul 29Estimating The Fair Value Of The Gorman-Rupp Company (NYSE:GRC)
May 02Gorman-Rupp A More Off-The-Radar Play On Water
Mar 24The Gorman-Rupp Company: Fair Value For A Pump-Centric Enterprise
Jan 16Investors Met With Slowing Returns on Capital At Gorman-Rupp (NYSE:GRC)
Dec 18Gorman-Rupp: Recovery Leverage With A Possible Water Infrastructure Kicker
Jul 31Some Investors May Be Willing To Look Past Gorman-Rupp's (NYSE:GRC) Soft Earnings
May 04Is The Gorman-Rupp Company (NYSE:GRC) An Attractive Dividend Stock?
May 02Why We Think The Gorman-Rupp Company's (NYSE:GRC) CEO Compensation Is Not Excessive At All
Apr 16Here's What's Concerning About Gorman-Rupp (NYSE:GRC)
Mar 07A Look At The Fair Value Of The Gorman-Rupp Company (NYSE:GRC)
Feb 05Gorman-Rupp declares $0.155 dividend
Jan 29Is The Gorman-Rupp Company (NYSE:GRC) A Great Dividend Stock?
Jan 20Financial Position Analysis
Short Term Liabilities: GRC's short term assets ($236.1M) exceed its short term liabilities ($100.7M).
Long Term Liabilities: GRC's short term assets ($236.1M) do not cover its long term liabilities ($440.2M).
Debt to Equity History and Analysis
Debt Level: GRC's net debt to equity ratio (107.4%) is considered high.
Reducing Debt: GRC's debt to equity ratio has increased from 0% to 116.4% over the past 5 years.
Debt Coverage: GRC's debt is well covered by operating cash flow (24.1%).
Interest Coverage: GRC's interest payments on its debt are not well covered by EBIT (2.1x coverage).