Gorman-Rupp Balance Sheet Health
Financial Health criteria checks 2/6
Gorman-Rupp has a total shareholder equity of $367.3M and total debt of $383.0M, which brings its debt-to-equity ratio to 104.3%. Its total assets and total liabilities are $883.5M and $516.1M respectively. Gorman-Rupp's EBIT is $89.1M making its interest coverage ratio 2.4. It has cash and short-term investments of $39.7M.
Key information
104.3%
Debt to equity ratio
US$383.03m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$39.70m |
| Equity | US$367.33m |
| Total liabilities | US$516.14m |
| Total assets | US$883.47m |
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
Here's Why We Think Gorman-Rupp (NYSE:GRC) Is Well Worth Watching
Nov 11Dividend King Gorman-Rupp: Double-Digit EPS Growth Ahead
Oct 29Gorman-Rupp (NYSE:GRC) Is Increasing Its Dividend To $0.185
Oct 28Calculating The Fair Value Of The Gorman-Rupp Company (NYSE:GRC)
Sep 06Is It Time To Consider Buying The Gorman-Rupp Company (NYSE:GRC)?
Aug 20Gorman-Rupp (NYSE:GRC) Is Due To Pay A Dividend Of $0.18
Jul 30Gorman-Rupp: A Mixed Picture Warrants A Cautious Approach
Jun 10Gorman-Rupp (NYSE:GRC) Has Affirmed Its Dividend Of $0.18
Apr 29Market 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 24Financial Position Analysis
Short Term Liabilities: GRC's short term assets ($240.6M) exceed its short term liabilities ($100.5M).
Long Term Liabilities: GRC's short term assets ($240.6M) do not cover its long term liabilities ($415.6M).
Debt to Equity History and Analysis
Debt Level: GRC's net debt to equity ratio (93.5%) is considered high.
Reducing Debt: GRC's debt to equity ratio has increased from 0% to 104.3% over the past 5 years.
Debt Coverage: GRC's debt is well covered by operating cash flow (22.8%).
Interest Coverage: GRC's interest payments on its debt are not well covered by EBIT (2.4x coverage).