Ryerson Holding Balance Sheet Health
Financial Health criteria checks 4/6
Ryerson Holding has a total shareholder equity of $842.0M and total debt of $522.1M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are $2.5B and $1.7B respectively. Ryerson Holding's EBIT is $76.4M making its interest coverage ratio 1.8. It has cash and short-term investments of $35.0M.
Key information
62.0%
Debt to equity ratio
US$522.10m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$35.00m |
| Equity | US$842.00m |
| Total liabilities | US$1.69b |
| Total assets | US$2.53b |
Recent financial health updates
Ryerson Holding (NYSE:RYI) Has A Somewhat Strained Balance Sheet
Oct 11
Does Ryerson Holding (NYSE:RYI) Have A Healthy Balance Sheet?
Jun 05Ryerson Holding (NYSE:RYI) Seems To Use Debt Quite Sensibly
May 01Ryerson Holding (NYSE:RYI) Seems To Use Debt Quite Sensibly
Dec 22Recent updates
Ryerson Holding Corporation's (NYSE:RYI) Shares Lagging The Industry But So Is The Business
Nov 04Ryerson Holding (NYSE:RYI) Has A Somewhat Strained Balance Sheet
Oct 11Ryerson Holding's (NYSE:RYI) Dividend Will Be $0.1875
Aug 22Ryerson Holding (NYSE:RYI) Has Affirmed Its Dividend Of $0.1875
Aug 05Ryerson Holding (NYSE:RYI) Will Be Hoping To Turn Its Returns On Capital Around
Jul 15Does Ryerson Holding (NYSE:RYI) Have A Healthy Balance Sheet?
Jun 05Ryerson Holding (NYSE:RYI) Has Affirmed Its Dividend Of $0.1875
May 07Little Excitement Around Ryerson Holding Corporation's (NYSE:RYI) Earnings
May 01Slowing Rates Of Return At Ryerson Holding (NYSE:RYI) Leave Little Room For Excitement
Apr 13Ryerson Holding (NYSE:RYI) Will Pay A Larger Dividend Than Last Year At $0.1875
Feb 29Why Investors Shouldn't Be Surprised By Ryerson Holding Corporation's (NYSE:RYI) Low P/S
Dec 24Ryerson Holding: Challenging Near-Term Outlook, Still Headwind For Shares
Dec 12Ryerson Holding (NYSE:RYI) Hasn't Managed To Accelerate Its Returns
Dec 05Ryerson Holding (NYSE:RYI) Is Paying Out A Larger Dividend Than Last Year
Nov 03Ryerson Made Hay While The Sun Shone. But Is The Sun Still Shining?
Sep 18Ryerson Holding (NYSE:RYI) Is Increasing Its Dividend To $0.1825
Aug 18Ryerson Holding (NYSE:RYI) Will Pay A Larger Dividend Than Last Year At $0.1825
Aug 04The Returns At Ryerson Holding (NYSE:RYI) Aren't Growing
Aug 02Reinforce Your Portfolio With Ryerson
Jun 05Ryerson Holding: Solid Company With Solid Results
May 29A Look At The Intrinsic Value Of Ryerson Holding Corporation (NYSE:RYI)
May 24Ryerson Holding's (NYSE:RYI) Upcoming Dividend Will Be Larger Than Last Year's
May 06Ryerson Holding (NYSE:RYI) Seems To Use Debt Quite Sensibly
May 01Ryerson launches secondary stock offering, concurrent stock repurchase
Feb 24Here's Why We Think Ryerson Holding (NYSE:RYI) Is Well Worth Watching
Feb 20Calculating The Fair Value Of Ryerson Holding Corporation (NYSE:RYI)
Feb 07The Trend Of High Returns At Ryerson Holding (NYSE:RYI) Has Us Very Interested
Jan 25Ryerson Holding (NYSE:RYI) Seems To Use Debt Quite Sensibly
Dec 22Ryerson: Deserves The Low Multiple Now
Dec 07Financial Position Analysis
Short Term Liabilities: RYI's short term assets ($1.3B) exceed its short term liabilities ($585.1M).
Long Term Liabilities: RYI's short term assets ($1.3B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: RYI's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: RYI's debt to equity ratio has reduced from 736.4% to 62% over the past 5 years.
Debt Coverage: RYI's debt is well covered by operating cash flow (38.8%).
Interest Coverage: RYI's interest payments on its debt are not well covered by EBIT (1.8x coverage).