Schaffer Balance Sheet Health
Financial Health criteria checks 6/6
Schaffer has a total shareholder equity of A$225.7M and total debt of A$64.5M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are A$401.7M and A$176.0M respectively. Schaffer's EBIT is A$33.5M making its interest coverage ratio 9.1. It has cash and short-term investments of A$44.1M.
Key information
28.6%
Debt to equity ratio
AU$64.46m
Debt
Interest coverage ratio | 9.1x |
Cash | AU$44.07m |
Equity | AU$225.75m |
Total liabilities | AU$175.95m |
Total assets | AU$401.70m |
Recent financial health updates
Is Schaffer (ASX:SFC) A Risky Investment?
Apr 19Schaffer (ASX:SFC) Seems To Use Debt Quite Sensibly
Dec 08Recent updates
Schaffer (ASX:SFC) Is Due To Pay A Dividend Of A$0.45
Aug 27Schaffer (ASX:SFC) Has Affirmed Its Dividend Of A$0.45
Aug 26Schaffer (ASX:SFC) Has Re-Affirmed Its Dividend Of AU$0.45
Feb 25Schaffer (ASX:SFC) Is Paying Out A Larger Dividend Than Last Year
Aug 20Schaffer (ASX:SFC) Shareholders Will Want The ROCE Trajectory To Continue
May 10Is Schaffer (ASX:SFC) A Risky Investment?
Apr 19Should You Be Adding Schaffer (ASX:SFC) To Your Watchlist Today?
Mar 11Should You Buy Schaffer Corporation Limited (ASX:SFC) For Its Upcoming Dividend?
Feb 27Non-Executive Independent Director David Schwartz Just Bought A Handful Of Shares In Schaffer Corporation Limited (ASX:SFC)
Feb 20Should You Buy Schaffer Corporation Limited (ASX:SFC) For Its Dividend?
Feb 15Did You Participate In Any Of Schaffer's (ASX:SFC) Incredible 373% Return?
Feb 01Will the Promising Trends At Schaffer (ASX:SFC) Continue?
Jan 19We're Not So Sure You Should Rely on Schaffer's (ASX:SFC) Statutory Earnings
Jan 03Schaffer Corporation Limited's (ASX:SFC) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 20Schaffer (ASX:SFC) Seems To Use Debt Quite Sensibly
Dec 08How Does Schaffer's (ASX:SFC) CEO Salary Compare to Peers?
Nov 26Financial Position Analysis
Short Term Liabilities: SFC's short term assets (A$143.0M) exceed its short term liabilities (A$71.7M).
Long Term Liabilities: SFC's short term assets (A$143.0M) exceed its long term liabilities (A$104.3M).
Debt to Equity History and Analysis
Debt Level: SFC's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: SFC's debt to equity ratio has reduced from 37.8% to 28.6% over the past 5 years.
Debt Coverage: SFC's debt is well covered by operating cash flow (67.4%).
Interest Coverage: SFC's interest payments on its debt are well covered by EBIT (9.1x coverage).