Ryder System Balance Sheet Health
Financial Health criteria checks 2/6
Ryder System has a total shareholder equity of $3.1B and total debt of $7.1B, which brings its debt-to-equity ratio to 230.2%. Its total assets and total liabilities are $15.8B and $12.7B respectively. Ryder System's EBIT is $838.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $204.0M.
Key information
230.2%
Debt to equity ratio
US$7.07b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$204.00m |
| Equity | US$3.07b |
| Total liabilities | US$12.71b |
| Total assets | US$15.78b |
Recent financial health updates
Recent updates
Ryder System: Aggressive Investment Continues Through The Downcycle
Mar 28Ryder System: Trailing Stop-Loss Looks Like The Best Strategy Here
Jan 10Ryder Is Past Peak Earnings But Still Attractive
Oct 25Ryder: Not Generating Value, But Not Destroying It
Sep 06Megatrend-Oriented Growth Supports Ryder System
Jun 26Ryder declares $0.62 dividend
Feb 10Ryder System: Still Cheap Going Into 2023
Jan 08Ryder Has Logistics Upside Worth Considering - I Say 'Buy'
Oct 25Ryder declares $0.62 dividend
Oct 13Ryder System jumps 13% on report of Apollo Global interest
Sep 27Ryder System acquires logistics technology startup Baton
Sep 01What To Make Of Ryder's Dividends And Ridiculous Valuation
Aug 12Ryder Q2 2022 Earnings Preview
Jul 26Ryder System raises dividend by 7% to $0.62
Jul 14Ryder System: Pure Value Play With Upside Potential
Jun 27Is Ryder System, Inc. (NYSE:R) Potentially Undervalued?
May 02
Ryder: Interesting And Undervalued
Apr 19Ryder: Nibbling While Selling Puts
Feb 02Is Now The Time To Look At Buying Ryder System, Inc. (NYSE:R)?
Jan 26Is Ryder System (NYSE:R) Using Too Much Debt?
Dec 05Ryder System: A Value Play That Requires Some Caution
Nov 25Is It Too Late To Consider Buying Ryder System, Inc. (NYSE:R)?
Oct 19Ryder System (NYSE:R) Has More To Do To Multiply In Value Going Forward
Sep 27Ryder System - A Cheap Transportation Stock
Sep 19Is Ryder System, Inc. (NYSE:R) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 13Ryder System: Shares Look Cheap
Jul 05The Returns At Ryder System (NYSE:R) Aren't Growing
Jun 25Financial Position Analysis
Short Term Liabilities: R's short term assets ($2.3B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: R's short term assets ($2.3B) do not cover its long term liabilities ($9.1B).
Debt to Equity History and Analysis
Debt Level: R's net debt to equity ratio (223.6%) is considered high.
Reducing Debt: R's debt to equity ratio has reduced from 260.3% to 230.2% over the past 5 years.
Debt Coverage: R's debt is well covered by operating cash flow (33.3%).
Interest Coverage: R's interest payments on its debt are not well covered by EBIT (2.8x coverage).