Sims Balance Sheet Health
Financial Health criteria checks 4/6
Sims has a total shareholder equity of A$2.6B and total debt of A$542.7M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are A$4.8B and A$2.1B respectively.
Key information
20.5%
Debt to equity ratio
AU$542.70m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$223.60m |
| Equity | AU$2.64b |
| Total liabilities | AU$2.12b |
| Total assets | AU$4.76b |
Recent financial health updates
Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt
Feb 24
These 4 Measures Indicate That Sims (ASX:SGM) Is Using Debt Extensively
Sep 11Does Sims (ASX:SGM) Have A Healthy Balance Sheet?
Mar 30Here's Why Sims (ASX:SGM) Can Manage Its Debt Responsibly
Nov 29Sims (ASX:SGM) Seems To Use Debt Quite Sensibly
Sep 27Health Check: How Prudently Does Sims (ASX:SGM) Use Debt?
Mar 19Recent updates
Sims Limited's (ASX:SGM) Subdued P/E Might Signal An Opportunity
May 07Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt
Feb 24Is Sims Limited (ASX:SGM) Trading At A 30% Discount?
Dec 22Sims' (ASX:SGM) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 28These 4 Measures Indicate That Sims (ASX:SGM) Is Using Debt Extensively
Sep 11Sims' (ASX:SGM) Dividend Is Being Reduced To A$0.21
Aug 18Sims (ASX:SGM) Will Want To Turn Around Its Return Trends
Jul 12Do Sims' (ASX:SGM) Earnings Warrant Your Attention?
May 26Sims (ASX:SGM) Might Be Having Difficulty Using Its Capital Effectively
Apr 12Does Sims (ASX:SGM) Have A Healthy Balance Sheet?
Mar 30Calculating The Fair Value Of Sims Limited (ASX:SGM)
Mar 15There's Been No Shortage Of Growth Recently For Sims' (ASX:SGM) Returns On Capital
Dec 16Here's Why Sims (ASX:SGM) Can Manage Its Debt Responsibly
Nov 29If EPS Growth Is Important To You, Sims (ASX:SGM) Presents An Opportunity
Nov 08Sims' (ASX:SGM) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 02Sims' (ASX:SGM) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 18Sims (ASX:SGM) Might Have The Makings Of A Multi-Bagger
Jul 19Are Investors Undervaluing Sims Limited (ASX:SGM) By 48%?
May 18Returns On Capital Are Showing Encouraging Signs At Sims (ASX:SGM)
Apr 12An Intrinsic Calculation For Sims Limited (ASX:SGM) Suggests It's 42% Undervalued
Feb 02Returns Are Gaining Momentum At Sims (ASX:SGM)
Jan 11Is There An Opportunity With Sims Limited's (ASX:SGM) 33% Undervaluation?
Oct 17Sims (ASX:SGM) Seems To Use Debt Quite Sensibly
Sep 27There's Been No Shortage Of Growth Recently For Sims' (ASX:SGM) Returns On Capital
Sep 06Health Check: How Prudently Does Sims (ASX:SGM) Use Debt?
Mar 19Financial Position Analysis
Short Term Liabilities: SGM's short term assets (A$1.8B) exceed its short term liabilities (A$1.1B).
Long Term Liabilities: SGM's short term assets (A$1.8B) exceed its long term liabilities (A$1.0B).
Debt to Equity History and Analysis
Debt Level: SGM's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: SGM's debt to equity ratio has increased from 2.7% to 20.5% over the past 5 years.
Debt Coverage: SGM's debt is well covered by operating cash flow (42.2%).
Interest Coverage: Insufficient data to determine if SGM's interest payments on its debt are well covered by EBIT.