Sezzle Balance Sheet Health
Financial Health criteria checks 4/6
Sezzle has a total shareholder equity of $16.3M and total debt of $57.6M, which brings its debt-to-equity ratio to 354%. Its total assets and total liabilities are $155.3M and $139.0M respectively. Sezzle's EBIT is $38.9M making its interest coverage ratio 3.1. It has cash and short-term investments of $62.1M.
Key information
354.0%
Debt to equity ratio
US$57.63m
Debt
Interest coverage ratio | 3.1x |
Cash | US$62.09m |
Equity | US$16.28m |
Total liabilities | US$139.00m |
Total assets | US$155.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SZLDA's short term assets ($152.7M) exceed its short term liabilities ($78.7M).
Long Term Liabilities: SZLDA's short term assets ($152.7M) exceed its long term liabilities ($60.3M).
Debt to Equity History and Analysis
Debt Level: SZLDA has more cash than its total debt.
Reducing Debt: SZLDA's debt to equity ratio has increased from 146.1% to 354% over the past 5 years.
Debt Coverage: SZLDA's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: SZLDA's interest payments on its debt are well covered by EBIT (3.1x coverage).