RBC Bearings Balance Sheet Health
Financial Health criteria checks 3/6
RBC Bearings has a total shareholder equity of $2.7B and total debt of $1.3B, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are $4.7B and $2.0B respectively. RBC Bearings's EBIT is $335.0M making its interest coverage ratio 4.1. It has cash and short-term investments of $71.6M.
Key information
46.9%
Debt to equity ratio
US$1.26b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$71.60m |
| Equity | US$2.70b |
| Total liabilities | US$2.00b |
| Total assets | US$4.69b |
Recent financial health updates
Does RBC Bearings (NYSE:RBC) Have A Healthy Balance Sheet?
Feb 04
Here's Why RBC Bearings (NYSE:RBC) Can Manage Its Debt Responsibly
Oct 18Does RBC Bearings (NYSE:RBC) Have A Healthy Balance Sheet?
Jul 19Here's Why RBC Bearings (NYSE:RBC) Can Manage Its Debt Responsibly
Apr 19We Think RBC Bearings (NYSE:RBC) Can Stay On Top Of Its Debt
Jan 16RBC Bearings (NYSE:RBC) Seems To Use Debt Quite Sensibly
Oct 03Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For RBC Bearings Incorporated (NYSE:RBC)
Apr 10Is RBC Bearings Incorporated (NYSE:RBC) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 13Earnings Miss: RBC Bearings Incorporated Missed EPS By 17% And Analysts Are Revising Their Forecasts
Feb 11Does RBC Bearings (NYSE:RBC) Have A Healthy Balance Sheet?
Feb 04Investors Interested In RBC Bearings Incorporated's (NYSE:RBC) Earnings
Jan 07Why RBC Bearings Incorporated (NYSE:RBC) Could Be Worth Watching
Dec 25We Ran A Stock Scan For Earnings Growth And RBC Bearings (NYSE:RBC) Passed With Ease
Dec 11RBC Bearings: Let The Headwinds In The Industrial Market Pass
Nov 30An Intrinsic Calculation For RBC Bearings Incorporated (NYSE:RBC) Suggests It's 22% Undervalued
Nov 01Here's Why RBC Bearings (NYSE:RBC) Can Manage Its Debt Responsibly
Oct 18What Is RBC Bearings Incorporated's (NYSE:RBC) Share Price Doing?
Sep 19RBC Bearings: Rolling On
Aug 24If EPS Growth Is Important To You, RBC Bearings (NYSE:RBC) Presents An Opportunity
Aug 18Does RBC Bearings (NYSE:RBC) Have A Healthy Balance Sheet?
Jul 19RBC Bearings: Highly Profitable Opportunity For Long-Term Investment
Jun 03Is There Now An Opportunity In RBC Bearings Incorporated (NYSE:RBC)?
May 23RBC Bearings Incorporated's (NYSE:RBC) Intrinsic Value Is Potentially 25% Below Its Share Price
May 08Here's Why RBC Bearings (NYSE:RBC) Can Manage Its Debt Responsibly
Apr 19At US$240, Is It Time To Put RBC Bearings Incorporated (NYSE:RBC) On Your Watch List?
Feb 15RBC Bearings Q3 2023 Earnings Preview
Feb 08Does This Valuation Of RBC Bearings Incorporated (NYSE:RBC) Imply Investors Are Overpaying?
Jan 31We Think RBC Bearings (NYSE:RBC) Can Stay On Top Of Its Debt
Jan 16RBC Bearings: Adjusting Expectations
Dec 14Why RBC Bearings Incorporated (NYSE:RBC) Could Be Worth Watching
Nov 13RBC Bearings reports FQ2 earnings beat; issues Q3 guidance
Nov 10Does This Valuation Of RBC Bearings Incorporated (NYSE:RBC) Imply Investors Are Overpaying?
Oct 21RBC Bearings (NYSE:RBC) Seems To Use Debt Quite Sensibly
Oct 03RBC Bearings Incorporated: Shares Look Quite Lofty Today
Sep 29RBC Bearings Non-GAAP EPS of $1.79 beats by $0.25, revenue of $354.08M misses by $8.05M
Aug 04Is Now An Opportune Moment To Examine RBC Bearings Incorporated (NASDAQ:ROLL)?
Aug 03RBC Bearings (NASDAQ:ROLL) Has A Pretty Healthy Balance Sheet
Jun 28Calculating The Intrinsic Value Of RBC Bearings Incorporated (NASDAQ:ROLL)
Jun 10Should You Investigate RBC Bearings Incorporated (NASDAQ:ROLL) At US$187?
Apr 06RBC Bearings (NASDAQ:ROLL) Seems To Use Debt Quite Sensibly
Mar 17Estimating The Fair Value Of RBC Bearings Incorporated (NASDAQ:ROLL)
Feb 27RBC Bearings Offers A Tough Quality Versus Value Decision
Feb 24Financial Position Analysis
Short Term Liabilities: RBC's short term assets ($957.3M) exceed its short term liabilities ($291.6M).
Long Term Liabilities: RBC's short term assets ($957.3M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: RBC's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: RBC's debt to equity ratio has increased from 12.2% to 46.9% over the past 5 years.
Debt Coverage: RBC's debt is well covered by operating cash flow (21.1%).
Interest Coverage: RBC's interest payments on its debt are well covered by EBIT (4.1x coverage).