MSA Safety Balance Sheet Health
Financial Health criteria checks 2/6
MSA Safety has a total shareholder equity of $966.8M and total debt of $601.7M, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are $2.2B and $1.2B respectively. MSA Safety's EBIT is $402.6M making its interest coverage ratio 10.4. It has cash and short-term investments of $146.4M.
Key information
62.2%
Debt to equity ratio
US$601.69m
Debt
Interest coverage ratio | 10.4x |
Cash | US$146.44m |
Equity | US$966.80m |
Total liabilities | US$1.20b |
Total assets | US$2.17b |
Recent financial health updates
These 4 Measures Indicate That MSA Safety (NYSE:MSA) Is Using Debt Reasonably Well
Mar 18Is MSA Safety (NYSE:MSA) Using Too Much Debt?
Nov 29MSA Safety (NYSE:MSA) Seems To Use Debt Quite Sensibly
Jul 28MSA Safety (NYSE:MSA) Has A Pretty Healthy Balance Sheet
Apr 03Is MSA Safety (NYSE:MSA) A Risky Investment?
Dec 30Does MSA Safety (NYSE:MSA) Have A Healthy Balance Sheet?
Sep 19Recent updates
Project Awards Continue To Back MSA Safety, But Valuation Could Be A Drag
Apr 02We Think MSA Safety (NYSE:MSA) Might Have The DNA Of A Multi-Bagger
Mar 31These 4 Measures Indicate That MSA Safety (NYSE:MSA) Is Using Debt Reasonably Well
Mar 18Is It Too Late To Consider Buying MSA Safety Incorporated (NYSE:MSA)?
Feb 23MSA Safety (NYSE:MSA) Is Due To Pay A Dividend Of $0.47
Feb 08Getting In Cheap On MSA Safety Incorporated (NYSE:MSA) Is Unlikely
Jan 29Margin Stability And Project Awards Counter The Headwinds In MSA Safety's Path
Jan 03Calculating The Fair Value Of MSA Safety Incorporated (NYSE:MSA)
Dec 23Is MSA Safety (NYSE:MSA) Using Too Much Debt?
Nov 29MSA Safety's (NYSE:MSA) Dividend Will Be $0.47
Oct 30Is It Too Late To Consider Buying MSA Safety Incorporated (NYSE:MSA)?
Oct 26MSA Safety (NYSE:MSA) Is Aiming To Keep Up Its Impressive Returns
Oct 02Product Line Growth Will Hold MSA Safety Steady (Rating Upgrade)
Sep 19Estimating The Intrinsic Value Of MSA Safety Incorporated (NYSE:MSA)
Sep 04MSA Safety (NYSE:MSA) Seems To Use Debt Quite Sensibly
Jul 28Is Now The Time To Look At Buying MSA Safety Incorporated (NYSE:MSA)?
Jul 13MSA Safety: Assessment Unchanged
Jun 30MSA Safety's (NYSE:MSA) Returns Have Hit A Wall
Jun 28Is MSA Safety Incorporated (NYSE:MSA) Worth US$145 Based On Its Intrinsic Value?
May 23MSA Safety (NYSE:MSA) Has Announced A Dividend Of $0.47
May 05MSA Safety (NYSE:MSA) Has A Pretty Healthy Balance Sheet
Apr 03Is It Too Late To Consider Buying MSA Safety Incorporated (NYSE:MSA)?
Mar 18MSA Safety Continues Growing, But It's Still Not A Great Play
Feb 22MSA Safety declares $0.46 dividend
Feb 03MSA Safety divests from its subsidiary holding legacy liabilities
Jan 06Is MSA Safety (NYSE:MSA) A Risky Investment?
Dec 30MSA Safety: Looks Dicey Due To Demand Uncertainty And Relative Overvaluation
Dec 12Returns At MSA Safety (NYSE:MSA) Appear To Be Weighed Down
Dec 11Is Now The Time To Look At Buying MSA Safety Incorporated (NYSE:MSA)?
Oct 28MSA Safety Non-GAAP EPS of $1.45 beats by $0.21, revenue of $381.69M beats by $7.02M
Oct 26MSA Safety hires new CFO
Oct 17MSA Safety: A Solid Firm That's Fairly Valued
Sep 26Does MSA Safety (NYSE:MSA) Have A Healthy Balance Sheet?
Sep 19Returns On Capital At MSA Safety (NYSE:MSA) Have Hit The Brakes
Aug 29MSA Safety CFO Kenneth Krause to step down
Aug 01MSA Safety: U.S. End Market Growth Can Surpass Supply Chain Concerns
Jul 11Financial Position Analysis
Short Term Liabilities: MSA's short term assets ($786.3M) exceed its short term liabilities ($332.8M).
Long Term Liabilities: MSA's short term assets ($786.3M) do not cover its long term liabilities ($870.5M).
Debt to Equity History and Analysis
Debt Level: MSA's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: MSA's debt to equity ratio has increased from 56.5% to 62.2% over the past 5 years.
Debt Coverage: MSA's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: MSA's interest payments on its debt are well covered by EBIT (10.4x coverage).