Silk Logistics Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Silk Logistics Holdings has a total shareholder equity of A$82.4M and total debt of A$50.8M, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are A$553.9M and A$471.5M respectively. Silk Logistics Holdings's EBIT is A$29.3M making its interest coverage ratio 1.5. It has cash and short-term investments of A$27.2M.
Key information
61.7%
Debt to equity ratio
AU$50.80m
Debt
| Interest coverage ratio | 1.5x |
| Cash | AU$27.16m |
| Equity | AU$82.39m |
| Total liabilities | AU$471.48m |
| Total assets | AU$553.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLH's short term assets (A$106.0M) do not cover its short term liabilities (A$131.7M).
Long Term Liabilities: SLH's short term assets (A$106.0M) do not cover its long term liabilities (A$339.8M).
Debt to Equity History and Analysis
Debt Level: SLH's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: SLH's debt to equity ratio has reduced from 74.4% to 61.7% over the past 5 years.
Debt Coverage: SLH's debt is well covered by operating cash flow (155.5%).
Interest Coverage: SLH's interest payments on its debt are not well covered by EBIT (1.5x coverage).