Ruth's Hospitality Group Balance Sheet Health
Financial Health criteria checks 4/6
Ruth's Hospitality Group has a total shareholder equity of $139.6M and total debt of $15.0M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are $501.5M and $361.9M respectively. Ruth's Hospitality Group's EBIT is $53.7M making its interest coverage ratio 37.4. It has cash and short-term investments of $16.0M.
Key information
10.7%
Debt to equity ratio
US$15.00m
Debt
| Interest coverage ratio | 37.4x |
| Cash | US$16.00m |
| Equity | US$139.64m |
| Total liabilities | US$361.91m |
| Total assets | US$501.54m |
Recent financial health updates
Ruth's Hospitality Group (NASDAQ:RUTH) Has A Pretty Healthy Balance Sheet
Jan 10
Here's Why Ruth's Hospitality Group (NASDAQ:RUTH) Can Manage Its Debt Responsibly
Jul 21Ruth's Hospitality Group (NASDAQ:RUTH) Has A Rock Solid Balance Sheet
Dec 24Would Ruth's Hospitality Group (NASDAQ:RUTH) Be Better Off With Less Debt?
Jul 09We Think Ruth's Hospitality Group (NASDAQ:RUTH) Is Taking Some Risk With Its Debt
Dec 28
Recent updates
Should You Think About Buying Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) Now?
Mar 24Ruth's Hospitality Group (NASDAQ:RUTH) Has A Pretty Healthy Balance Sheet
Jan 10Ruth's Hospitality Group (NASDAQ:RUTH) Might Be Having Difficulty Using Its Capital Effectively
Oct 19Ruth's Hospitality Group: Derisked Story With Steady Growth Potential
Oct 17Ruth's Hospitality Group: Another Solid Report In Q2
Sep 05Ruth's Hospitality Group: Worth A Taste
Aug 25Is Now An Opportune Moment To Examine Ruth's Hospitality Group, Inc. (NASDAQ:RUTH)?
Aug 15Ruth's Hospitality GAAP EPS of $0.31 in-line, revenue of $120.8M misses by $3.67M
Aug 05Here's Why Ruth's Hospitality Group (NASDAQ:RUTH) Can Manage Its Debt Responsibly
Jul 21Returns On Capital At Ruth's Hospitality Group (NASDAQ:RUTH) Paint A Concerning Picture
Jun 17Ruth's Hospitality Group: Decent Growth At An Attractive Valuation
May 31Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) Shares Could Be 23% Above Their Intrinsic Value Estimate
Mar 08There Are Reasons To Feel Uneasy About Ruth's Hospitality Group's (NASDAQ:RUTH) Returns On Capital
Jan 21Ruth's Hospitality Group: A Better Year Ahead With Hawaii Back In Business
Jan 04Ruth's Hospitality Group (NASDAQ:RUTH) Has A Rock Solid Balance Sheet
Dec 24Ruth's Hospitality Group: Labor Gains Partially Offset By Inflationary Pressures
Nov 02Ruth's Hospitality Group (NASDAQ:RUTH) Might Be Having Difficulty Using Its Capital Effectively
Sep 28Calculating The Intrinsic Value Of Ruth's Hospitality Group, Inc. (NASDAQ:RUTH)
Aug 30Ruth's Hospitality Group (NASDAQ:RUTH) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Aug 13Ruth's Hospitality Group: Meaningful Margin Expansion In Q2
Aug 11Would Ruth's Hospitality Group (NASDAQ:RUTH) Be Better Off With Less Debt?
Jul 09Estimating The Intrinsic Value Of Ruth's Hospitality Group, Inc. (NASDAQ:RUTH)
Feb 16Would Shareholders Who Purchased Ruth's Hospitality Group's (NASDAQ:RUTH) Stock Three Years Be Happy With The Share price Today?
Jan 26We Think Ruth's Hospitality Group (NASDAQ:RUTH) Is Taking Some Risk With Its Debt
Dec 28Is Ruth's Hospitality Group (NASDAQ:RUTH) Likely To Turn Things Around?
Dec 01Take Profits In Ruth's Chris
Nov 28Ruth Hospitality appoints new CFO
Nov 12Ruth's Hospitality EPS beats by $0.15, beats on revenue
Oct 30Financial Position Analysis
Short Term Liabilities: RUTH's short term assets ($56.2M) do not cover its short term liabilities ($122.3M).
Long Term Liabilities: RUTH's short term assets ($56.2M) do not cover its long term liabilities ($239.6M).
Debt to Equity History and Analysis
Debt Level: RUTH has more cash than its total debt.
Reducing Debt: RUTH's debt to equity ratio has reduced from 49.9% to 10.7% over the past 5 years.
Debt Coverage: RUTH's debt is well covered by operating cash flow (534.3%).
Interest Coverage: RUTH's interest payments on its debt are well covered by EBIT (37.4x coverage).