Schaffer Balance Sheet Health
Financial Health criteria checks 6/6
Schaffer has a total shareholder equity of A$238.2M and total debt of A$59.5M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are A$418.1M and A$179.9M respectively. Schaffer's EBIT is A$37.4M making its interest coverage ratio 10.2. It has cash and short-term investments of A$47.7M.
Key information
25.0%
Debt to equity ratio
AU$59.49m
Debt
| Interest coverage ratio | 10.2x |
| Cash | AU$47.68m |
| Equity | AU$238.15m |
| Total liabilities | AU$179.92m |
| Total assets | AU$418.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SFC's short term assets (A$145.8M) exceed its short term liabilities (A$70.1M).
Long Term Liabilities: SFC's short term assets (A$145.8M) exceed its long term liabilities (A$109.8M).
Debt to Equity History and Analysis
Debt Level: SFC's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: SFC's debt to equity ratio has reduced from 25.6% to 25% over the past 5 years.
Debt Coverage: SFC's debt is well covered by operating cash flow (80.2%).
Interest Coverage: SFC's interest payments on its debt are well covered by EBIT (10.2x coverage).