Ryerson Holding Financial Health
How is Ryerson Holding's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RYI's short term assets ($1.7B) exceed its short term liabilities ($705.0M).
Long Term Liabilities: RYI's short term assets ($1.7B) exceed its long term liabilities ($949.6M).
Debt to Equity History and Analysis
Debt Level: RYI's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: RYI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: RYI's debt is well covered by operating cash flow (89.4%).
Interest Coverage: RYI's interest payments on its debt are well covered by EBIT (20.6x coverage).