GRC · United States
Cash Position
The company is cashflow positive based on quarterly cash flow of 15.143 M
Commentary on Financial Condition
The Gorman-Rupp Company is in a stable financial position with a healthy backlog of orders and strong incoming orders for 2024, positioning it well for the upcoming year. The company has reduced its interest expenses through debt refinancing and has extended its debt maturities, with $340.8 million in debt due in 2029 and $30.0 million due in 2031. With $24.2 million in cash and $98.9 million in borrowing capacity, the company believes it has adequate liquidity to meet its financial obligations and continue its history of paying dividends for at least the next 12 months., Filed At: 2025-03-03
Former Symbols
No former symbols for GRC
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Disclaimer: Data was sourced from filings using AI and may occasionally contain errors. Data is split adjusted
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