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Sezzle Balance Sheet Health
Financial Health criteria checks 2/6
Sezzle has a total shareholder equity of $18.0M and total debt of $75.4M, which brings its debt-to-equity ratio to 419.4%. Its total assets and total liabilities are $179.9M and $161.9M respectively. Sezzle's EBIT is $37.4M making its interest coverage ratio 2.6. It has cash and short-term investments of $65.2M.
Key information
419.4%
Debt to equity ratio
US$75.39m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$65.15m |
| Equity | US$17.97m |
| Total liabilities | US$161.93m |
| Total assets | US$179.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SZL's short term assets ($176.2M) exceed its short term liabilities ($83.4M).
Long Term Liabilities: SZL's short term assets ($176.2M) exceed its long term liabilities ($78.5M).
Debt to Equity History and Analysis
Debt Level: SZL's net debt to equity ratio (57%) is considered high.
Reducing Debt: SZL's debt to equity ratio has increased from 96.7% to 419.4% over the past 5 years.
Debt Coverage: SZL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SZL's interest payments on its debt are not well covered by EBIT (2.6x coverage).