Silk Logistics Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Silk Logistics Holdings has a total shareholder equity of A$83.9M and total debt of A$57.0M, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are A$446.0M and A$362.2M respectively. Silk Logistics Holdings's EBIT is A$31.2M making its interest coverage ratio 2.1. It has cash and short-term investments of A$22.2M.
Key information
67.9%
Debt to equity ratio
AU$57.00m
Debt
Interest coverage ratio | 2.1x |
Cash | AU$22.19m |
Equity | AU$83.88m |
Total liabilities | AU$362.17m |
Total assets | AU$446.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SLH's short term assets (A$108.2M) do not cover its short term liabilities (A$133.8M).
Long Term Liabilities: SLH's short term assets (A$108.2M) do not cover its long term liabilities (A$228.4M).
Debt to Equity History and Analysis
Debt Level: SLH's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: SLH's debt to equity ratio has reduced from 93.7% to 67.9% over the past 5 years.
Debt Coverage: SLH's debt is well covered by operating cash flow (112.9%).
Interest Coverage: SLH's interest payments on its debt are not well covered by EBIT (2.1x coverage).