Regal Rexnord Balance Sheet Health
Financial Health criteria checks 1/6
Regal Rexnord has a total shareholder equity of $6.4B and total debt of $5.7B, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are $14.6B and $8.2B respectively. Regal Rexnord's EBIT is $723.5M making its interest coverage ratio 1.8. It has cash and short-term investments of $510.4M.
Key information
89.5%
Debt to equity ratio
US$5.70b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$510.40m |
| Equity | US$6.37b |
| Total liabilities | US$8.24b |
| Total assets | US$14.61b |
Recent financial health updates
These 4 Measures Indicate That Regal Rexnord (NYSE:RRX) Is Using Debt Extensively
Sep 07
We Think Regal Rexnord (NYSE:RRX) Is Taking Some Risk With Its Debt
Apr 22Regal Rexnord (NYSE:RRX) Takes On Some Risk With Its Use Of Debt
Jan 10These 4 Measures Indicate That Regal Rexnord (NYSE:RRX) Is Using Debt Extensively
Sep 30Does Regal Rexnord (NYSE:RRX) Have A Healthy Balance Sheet?
Jun 17Is Regal Rexnord (NYSE:RRX) Using Too Much Debt?
Mar 12Recent updates
These 4 Measures Indicate That Regal Rexnord (NYSE:RRX) Is Using Debt Extensively
Sep 07Tough End-Markets Temporarily Putting The Brakes On Regal Rexnord's Long-Term Growth Story
Aug 27Regal Rexnord Corporation Just Beat EPS By 24%: Here's What Analysts Think Will Happen Next
Aug 03Regal Rexnord (NYSE:RRX) Has Affirmed Its Dividend Of $0.35
Jul 26An Intrinsic Calculation For Regal Rexnord Corporation (NYSE:RRX) Suggests It's 48% Undervalued
Jul 11Regal Rexnord: Leverage Overhang As Organic Performance Slows
Jun 16Regal Rexnord (NYSE:RRX) Has Announced A Dividend Of $0.35
Jun 15Unpleasant Surprises Could Be In Store For Regal Rexnord Corporation's (NYSE:RRX) Shares
May 26Regal Rexnord (NYSE:RRX) Has Affirmed Its Dividend Of $0.35
May 08We Think Regal Rexnord (NYSE:RRX) Is Taking Some Risk With Its Debt
Apr 22Is Now The Time To Look At Buying Regal Rexnord Corporation (NYSE:RRX)?
Apr 01Regal Rexnord (NYSE:RRX) Has Announced A Dividend Of $0.35
Mar 14Regal Rexnord's (NYSE:RRX) Dividend Will Be $0.35
Feb 02Is There An Opportunity With Regal Rexnord Corporation's (NYSE:RRX) 26% Undervaluation?
Jan 30Regal Rexnord (NYSE:RRX) Takes On Some Risk With Its Use Of Debt
Jan 10Regal Rexnord: Improving Growth Prospects And A Discounted Valuation
Jan 09Subdued Growth No Barrier To Regal Rexnord Corporation (NYSE:RRX) With Shares Advancing 28%
Dec 22Regal Rexnord (NYSE:RRX) Has Announced A Dividend Of $0.35
Dec 13Regal Rexnord (NYSE:RRX) Is Paying Out A Dividend Of $0.35
Nov 02Regal Rexnord: Appealing, But Uncertain At The Same Time
Oct 22What Is Regal Rexnord Corporation's (NYSE:RRX) Share Price Doing?
Oct 15These 4 Measures Indicate That Regal Rexnord (NYSE:RRX) Is Using Debt Extensively
Sep 30Regal Rexnord (NYSE:RRX) Will Pay A Dividend Of $0.35
Sep 12Regal Rexnord's (NYSE:RRX) Dividend Will Be $0.35
Aug 29Regal Rexnord Corporation: Solid Company But Wait For Better Price Levels
Aug 23Regal Rexnord (NYSE:RRX) Has Affirmed Its Dividend Of $0.35
Aug 12Regal Rexnord (NYSE:RRX) Will Pay A Dividend Of $0.35
Jul 29Is It Too Late To Consider Buying Regal Rexnord Corporation (NYSE:RRX)?
Jul 12Regal Rexnord (NYSE:RRX) Is Paying Out A Dividend Of $0.35
Jun 19Does Regal Rexnord (NYSE:RRX) Have A Healthy Balance Sheet?
Jun 17Regal Rexnord: Risky, But Guidance, And Secular Growth Imply Undervaluation
May 25Regal Rexnord (NYSE:RRX) Is Due To Pay A Dividend Of $0.35
May 12Regal Rexnord (NYSE:RRX) Has Announced A Dividend Of $0.35
Apr 28Is Regal Rexnord Corporation (NYSE:RRX) Potentially Undervalued?
Apr 11An Intrinsic Calculation For Regal Rexnord Corporation (NYSE:RRX) Suggests It's 30% Undervalued
Mar 27Is Regal Rexnord (NYSE:RRX) Using Too Much Debt?
Mar 12Should You Be Adding Regal Rexnord (NYSE:RRX) To Your Watchlist Today?
Feb 08Regal Rexnord Non-GAAP EPS of $2.64 beats by $0.25, revenue of $1.24B misses by $20M
Feb 01Regal Rexnord declares $0.35 dividend
Jan 23What Is Regal Rexnord Corporation's (NYSE:RRX) Share Price Doing?
Jan 10Regal Rexnord (NYSE:RRX) Seems To Use Debt Quite Sensibly
Dec 03Regal Rexnord Makes A Big Play For Scale And Diversification
Nov 02Regal Rexnord Corporation (NYSE:RRX) Shares Could Be 49% Below Their Intrinsic Value Estimate
Nov 01Financial Position Analysis
Short Term Liabilities: RRX's short term assets ($3.0B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: RRX's short term assets ($3.0B) do not cover its long term liabilities ($7.0B).
Debt to Equity History and Analysis
Debt Level: RRX's net debt to equity ratio (81.5%) is considered high.
Reducing Debt: RRX's debt to equity ratio has increased from 50.2% to 89.5% over the past 5 years.
Debt Coverage: RRX's debt is not well covered by operating cash flow (11%).
Interest Coverage: RRX's interest payments on its debt are not well covered by EBIT (1.8x coverage).