Silk Logistics Holdings Limited

ASX:SLH Stock Report

Market Cap: AU$129.7m

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 ratio2.1x
CashAU$22.19m
EquityAU$83.88m
Total liabilitiesAU$362.17m
Total assetsAU$446.05m

Recent financial health updates

No updates

Recent updates

Silk Logistics Holdings (ASX:SLH) Is Paying Out Less In Dividends Than Last Year

Aug 28
Silk Logistics Holdings (ASX:SLH) Is Paying Out Less In Dividends Than Last Year

With EPS Growth And More, Silk Logistics Holdings (ASX:SLH) Makes An Interesting Case

Jul 04
With EPS Growth And More, Silk Logistics Holdings (ASX:SLH) Makes An Interesting Case

Statutory Profit Doesn't Reflect How Good Silk Logistics Holdings' (ASX:SLH) Earnings Are

Mar 02
Statutory Profit Doesn't Reflect How Good Silk Logistics Holdings' (ASX:SLH) Earnings Are

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).


Balance Sheet


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