MSC Industrial Direct Balance Sheet Health
Financial Health criteria checks 5/6
MSC Industrial Direct has a total shareholder equity of $1.4B and total debt of $508.1M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are $2.5B and $1.1B respectively. MSC Industrial Direct's EBIT is $406.0M making its interest coverage ratio 16. It has cash and short-term investments of $29.6M.
Key information
36.3%
Debt to equity ratio
US$508.11m
Debt
| Interest coverage ratio | 16x |
| Cash | US$29.59m |
| Equity | US$1.40b |
| Total liabilities | US$1.06b |
| Total assets | US$2.46b |
Recent financial health updates
Is MSC Industrial Direct (NYSE:MSM) Using Too Much Debt?
Sep 17
MSC Industrial Direct (NYSE:MSM) Has A Pretty Healthy Balance Sheet
May 03MSC Industrial Direct (NYSE:MSM) Seems To Use Debt Quite Sensibly
Feb 01Is MSC Industrial Direct (NYSE:MSM) Using Too Much Debt?
Nov 02Is MSC Industrial Direct (NYSE:MSM) A Risky Investment?
Jul 06Is MSC Industrial Direct (NYSE:MSM) Using Too Much Debt?
Mar 25Recent updates
MSC Industrial Direct's (NYSE:MSM) Dividend Will Be Increased To $0.85
Oct 28MSC Industrial Direct (NYSE:MSM) Is Increasing Its Dividend To $0.85
Oct 14MSC Industrial: Adjusting To A New Market Reality
Oct 06Are Investors Undervaluing MSC Industrial Direct Co., Inc. (NYSE:MSM) By 45%?
Sep 30Is MSC Industrial Direct (NYSE:MSM) Using Too Much Debt?
Sep 17Sentiment Still Eluding MSC Industrial Direct Co., Inc. (NYSE:MSM)
Sep 01At US$88.95, Is It Time To Put MSC Industrial Direct Co., Inc. (NYSE:MSM) On Your Watch List?
Aug 01Weakening Manufacturing Activity Is Hitting MSC Industrial Hard
Jul 16MSC Industrial Direct's (NYSE:MSM) Returns Have Hit A Wall
Jun 18MSC Industrial Direct: A Mediocre MRO Play
Jun 14MSC Industrial Direct Co., Inc.'s (NYSE:MSM) Intrinsic Value Is Potentially 77% Above Its Share Price
Jun 04Earnings Tell The Story For MSC Industrial Direct Co., Inc. (NYSE:MSM)
May 22MSC Industrial Direct (NYSE:MSM) Has A Pretty Healthy Balance Sheet
May 03Is It Time To Consider Buying MSC Industrial Direct Co., Inc. (NYSE:MSM)?
Apr 17Return Trends At MSC Industrial Direct (NYSE:MSM) Aren't Appealing
Mar 11MSC Industrial Direct (NYSE:MSM) Seems To Use Debt Quite Sensibly
Feb 01MSC Industrial Direct's (NYSE:MSM) Soft Earnings Are Actually Better Than They Appear
Jan 17MSC Industrial: Muted Revenue With No Significant Growth Potential
Jan 12MSC Industrial Direct Co., Inc. Just Missed EPS By 5.7%: Here's What Analysts Think Will Happen Next
Jan 12MSC Industrial Direct Co., Inc. (NYSE:MSM) Shares Could Be 35% Below Their Intrinsic Value Estimate
Jan 09MSC Industrial Direct Co., Inc.'s (NYSE:MSM) Share Price Could Signal Some Risk
Dec 26Is Now The Time To Look At Buying MSC Industrial Direct Co., Inc. (NYSE:MSM)?
Dec 13Return Trends At MSC Industrial Direct (NYSE:MSM) Aren't Appealing
Nov 30Is MSC Industrial Direct (NYSE:MSM) Using Too Much Debt?
Nov 02MSC Industrial Outperforming An Increasingly Challenging Market
Oct 27Is MSC Industrial Direct Co., Inc. (NYSE:MSM) Worth US$99.5 Based On Its Intrinsic Value?
Oct 05MSC Industrial: MRO Play Getting Back On Its Feet
Sep 13Is Now An Opportune Moment To Examine MSC Industrial Direct Co., Inc. (NYSE:MSM)?
Sep 06Do MSC Industrial Direct's (NYSE:MSM) Earnings Warrant Your Attention?
Aug 18Here's What To Make Of MSC Industrial Direct's (NYSE:MSM) Decelerating Rates Of Return
Aug 05Is MSC Industrial Direct (NYSE:MSM) A Risky Investment?
Jul 06MSC Industrial - Slowing End-Markets, But Promising Strategic Opportunities
Jun 30When Should You Buy MSC Industrial Direct Co., Inc. (NYSE:MSM)?
May 23Here's Why We Think MSC Industrial Direct (NYSE:MSM) Is Well Worth Watching
May 10Return Trends At MSC Industrial Direct (NYSE:MSM) Aren't Appealing
Apr 23Is MSC Industrial Direct (NYSE:MSM) Using Too Much Debt?
Mar 25Should You Investigate MSC Industrial Direct Co., Inc. (NYSE:MSM) At US$84.35?
Feb 22MSC Industrial's Special Committee Needs To Stand Up For Its Shareholders
Feb 07Should You Be Adding MSC Industrial Direct (NYSE:MSM) To Your Watchlist Today?
Feb 07MSC Industrial Direct (NYSE:MSM) Might Become A Compounding Machine
Jan 23MSC Industrial: Good Growth Prospects At An Attractive Valuation
Jan 17MSC Industrial acquires two Ohio-based metalworking businesses
Jan 11MSC Industrial Direct Q1 2023 Earnings Preview
Jan 04MSC Industrial Direct declares $0.79 dividend
Dec 16Does MSC Industrial Direct (NYSE:MSM) Have A Healthy Balance Sheet?
Dec 12Financial Position Analysis
Short Term Liabilities: MSM's short term assets ($1.2B) exceed its short term liabilities ($605.4M).
Long Term Liabilities: MSM's short term assets ($1.2B) exceed its long term liabilities ($455.6M).
Debt to Equity History and Analysis
Debt Level: MSM's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: MSM's debt to equity ratio has increased from 29.6% to 36.3% over the past 5 years.
Debt Coverage: MSM's debt is well covered by operating cash flow (80.8%).
Interest Coverage: MSM's interest payments on its debt are well covered by EBIT (16x coverage).