MSA Safety Balance Sheet Health
Financial Health criteria checks 3/6
MSA Safety has a total shareholder equity of $994.8M and total debt of $596.2M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are $2.2B and $1.2B respectively. MSA Safety's EBIT is $413.7M making its interest coverage ratio 10.9. It has cash and short-term investments of $148.3M.
Key information
59.9%
Debt to equity ratio
US$596.15m
Debt
Interest coverage ratio | 10.9x |
Cash | US$148.33m |
Equity | US$994.75m |
Total liabilities | US$1.18b |
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
MSA Safety Incorporated Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 03Project 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 29Financial Position Analysis
Short Term Liabilities: MSA's short term assets ($792.9M) exceed its short term liabilities ($316.5M).
Long Term Liabilities: MSA's short term assets ($792.9M) do not cover its long term liabilities ($863.1M).
Debt to Equity History and Analysis
Debt Level: MSA's net debt to equity ratio (45%) is considered high.
Reducing Debt: MSA's debt to equity ratio has increased from 56.9% to 59.9% over the past 5 years.
Debt Coverage: MSA's debt is well covered by operating cash flow (72.1%).
Interest Coverage: MSA's interest payments on its debt are well covered by EBIT (10.9x coverage).