Rayonier Balance Sheet Health
Financial Health criteria checks 3/6
Rayonier has a total shareholder equity of $1.9B and total debt of $1.3B, which brings its debt-to-equity ratio to 70.1%. Its total assets and total liabilities are $3.5B and $1.6B respectively. Rayonier's EBIT is $198.0M making its interest coverage ratio 7.8. It has cash and short-term investments of $74.2M.
Key information
70.1%
Debt to equity ratio
US$1.31b
Debt
| Interest coverage ratio | 7.8x |
| Cash | US$74.23m |
| Equity | US$1.87b |
| Total liabilities | US$1.61b |
| Total assets | US$3.48b |
Recent financial health updates
No updates
Recent updates
Rayonier: Earnings Fall Short, But Divestments Impress
Nov 11Rayonier: Look Past Q2 Results Miss
Aug 13Rayonier: Staying Bullish On Asset Monetization Plan And Financial Outlook
May 22Rayonier: Favorable Takeaways From Latest Investor Events
Mar 08Rayonier: Positive On Recent Corporate Actions (Rating Upgrade)
Dec 13Rayonier: Expect Financial Performance To Start Improving
Sep 13Rayonier Deserves A Downgrade Due To Weakness That Likely Lies Ahead
May 29Rayonier declares $0.285 dividend
Feb 17Housing Turbulence Could Open A Window Of Opportunity With Rayonier
Jan 11Rayonier declares $0.285 dividend
Oct 21Do Rayonier's (NYSE:RYN) Earnings Warrant Your Attention?
Sep 18
Rayonier: Keep A Watchful Eye On Fundamentals
Aug 31Rayonier declares $0.285 dividend
Jul 25Should You Be Adding Rayonier (NYSE:RYN) To Your Watchlist Today?
May 15Rayonier: Settin' The Woods On Fire
May 03Here's Why We Think Rayonier (NYSE:RYN) Is Well Worth Watching
Feb 09Rayonier: Nothing Has Changed
Feb 06Financial Position Analysis
Short Term Liabilities: RYN's short term assets ($277.1M) exceed its short term liabilities ($139.5M).
Long Term Liabilities: RYN's short term assets ($277.1M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: RYN's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: RYN's debt to equity ratio has increased from 65.4% to 70.1% over the past 5 years.
Debt Coverage: RYN's debt is well covered by operating cash flow (20.1%).
Interest Coverage: RYN's interest payments on its debt are well covered by EBIT (7.8x coverage).