Richelieu Hardware Balance Sheet Health
Financial Health criteria checks 5/6
Richelieu Hardware has a total shareholder equity of CA$916.5M and total debt of CA$42.7M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are CA$1.3B and CA$428.3M respectively. Richelieu Hardware's EBIT is CA$158.2M making its interest coverage ratio 13.2. It has cash and short-term investments of CA$25.9M.
Key information
4.7%
Debt to equity ratio
CA$42.70m
Debt
Interest coverage ratio | 13.2x |
Cash | CA$25.86m |
Equity | CA$916.46m |
Total liabilities | CA$428.34m |
Total assets | CA$1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RHUH.F's short term assets (CA$857.5M) exceed its short term liabilities (CA$234.2M).
Long Term Liabilities: RHUH.F's short term assets (CA$857.5M) exceed its long term liabilities (CA$194.2M).
Debt to Equity History and Analysis
Debt Level: RHUH.F's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: RHUH.F's debt to equity ratio has increased from 4% to 4.7% over the past 5 years.
Debt Coverage: RHUH.F's debt is well covered by operating cash flow (591.1%).
Interest Coverage: RHUH.F's interest payments on its debt are well covered by EBIT (13.2x coverage).