Richelieu Hardware Balance Sheet Health
Financial Health criteria checks 5/6
Richelieu Hardware has a total shareholder equity of CA$927.4M and total debt of CA$42.8M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are CA$1.4B and CA$446.9M respectively. Richelieu Hardware's EBIT is CA$138.4M making its interest coverage ratio 12.7. It has cash and short-term investments of CA$47.7M.
Key information
4.6%
Debt to equity ratio
CA$42.79m
Debt
| Interest coverage ratio | 12.7x |
| Cash | CA$47.68m |
| Equity | CA$927.39m |
| Total liabilities | CA$446.90m |
| Total assets | CA$1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RHUH.F's short term assets (CA$889.2M) exceed its short term liabilities (CA$257.3M).
Long Term Liabilities: RHUH.F's short term assets (CA$889.2M) exceed its long term liabilities (CA$189.6M).
Debt to Equity History and Analysis
Debt Level: RHUH.F has more cash than its total debt.
Reducing Debt: RHUH.F's debt to equity ratio has increased from 1.4% to 4.6% over the past 5 years.
Debt Coverage: RHUH.F's debt is well covered by operating cash flow (418.5%).
Interest Coverage: RHUH.F's interest payments on its debt are well covered by EBIT (12.7x coverage).