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
No updates
Recent updates
Financial 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).