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22 September, 2025 09:38 IST |
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MSC Industrial Direct Company, Inc. first-quarter earnings decline by 1.68 percent on a YOY basis
Source: IRIS | 11 Jan, 2017, 06.42PM
Powered by IRIS XBRL Data
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Rating: NAN / 5 stars. |
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Debt increases substantially MSC Industrial Direct Company, Inc. has witnessed an increase in total debt over the last one year. It stood at $543.77 million as on Dec. 03, 2016, up 53.75 percent or $190.11 million from $353.67 million on Nov. 28, 2015. Total debt was 27.20 percent of total assets as on Dec. 03, 2016, compared with 17.09 percent on Nov. 28, 2015. Debt to equity ratio was at 0.48 as on Dec. 03, 2016, up from 0.26 as on Nov. 28, 2015. Interest coverage ratio deteriorated to 30.88 for the quarter from 58.09 for the same period last year.
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