Sipef Balance Sheet Health
Financial Health criteria checks 6/6
Sipef has a total shareholder equity of $893.0M and total debt of $28.2M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are $1.1B and $195.6M respectively. Sipef's EBIT is $100.2M making its interest coverage ratio 172.8. It has cash and short-term investments of $16.1M.
Key information
3.2%
Debt to equity ratio
US$28.16m
Debt
| Interest coverage ratio | 172.8x |
| Cash | US$16.12m |
| Equity | US$892.97m |
| Total liabilities | US$195.61m |
| Total assets | US$1.09b |
Recent financial health updates
Here's Why Sipef (EBR:SIP) Can Manage Its Debt Responsibly
Oct 22
Is Sipef (EBR:SIP) A Risky Investment?
Apr 05Recent updates
Shareholders May Be More Conservative With Sipef NV's (EBR:SIP) CEO Compensation For Now
Jun 06Is Sipef NV (EBR:SIP) Trading At A 47% Discount?
Aug 24Sipef's (EBR:SIP) Earnings Are Weaker Than They Seem
May 07Sipef's (EBR:SIP) Returns On Capital Are Heading Higher
Mar 16News Flash: Analysts Just Made A Substantial Upgrade To Their Sipef NV (EBR:SIP) Forecasts
Feb 22Sipef NV Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 20Here's Why Sipef (EBR:SIP) Can Manage Its Debt Responsibly
Oct 22Upgrade: Analysts Just Made A Meaningful Increase To Their Sipef NV (EBR:SIP) Forecasts
Aug 15Sipef NV's (EBR:SIP) CEO Might Not Expect Shareholders To Be So Generous This Year
Jun 02Is Sipef (EBR:SIP) A Risky Investment?
Apr 05Can Sipef NV (EBR:SIP) Performance Keep Up Given Its Mixed Bag Of Fundamentals?
Mar 09Sipef's (EBR:SIP) Shareholders Are Down 30% On Their Shares
Dec 17
Financial Position Analysis
Short Term Liabilities: SIP's short term assets ($167.7M) exceed its short term liabilities ($113.8M).
Long Term Liabilities: SIP's short term assets ($167.7M) exceed its long term liabilities ($81.8M).
Debt to Equity History and Analysis
Debt Level: SIP's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: SIP's debt to equity ratio has reduced from 23.5% to 3.2% over the past 5 years.
Debt Coverage: SIP's debt is well covered by operating cash flow (461.4%).
Interest Coverage: SIP's interest payments on its debt are well covered by EBIT (172.8x coverage).