Russel Metals Balance Sheet Health
Financial Health criteria checks 6/6
Russel Metals has a total shareholder equity of CA$1.7B and total debt of CA$297.6M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are CA$2.6B and CA$913.6M respectively. Russel Metals's EBIT is CA$303.4M making its interest coverage ratio 60.7. It has cash and short-term investments of CA$574.5M.
Key information
17.7%
Debt to equity ratio
CA$297.60m
Debt
Interest coverage ratio | 60.7x |
Cash | CA$574.50m |
Equity | CA$1.68b |
Total liabilities | CA$913.60m |
Total assets | CA$2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUSM.F's short term assets (CA$2.0B) exceed its short term liabilities (CA$448.2M).
Long Term Liabilities: RUSM.F's short term assets (CA$2.0B) exceed its long term liabilities (CA$465.4M).
Debt to Equity History and Analysis
Debt Level: RUSM.F has more cash than its total debt.
Reducing Debt: RUSM.F's debt to equity ratio has reduced from 60.5% to 17.7% over the past 5 years.
Debt Coverage: RUSM.F's debt is well covered by operating cash flow (133.3%).
Interest Coverage: RUSM.F's interest payments on its debt are well covered by EBIT (60.7x coverage).