Savaria Balance Sheet Health
Financial Health criteria checks 4/6
Savaria has a total shareholder equity of CA$549.0M and total debt of CA$278.0M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are CA$1.1B and CA$552.6M respectively. Savaria's EBIT is CA$79.0M making its interest coverage ratio 3.4. It has cash and short-term investments of CA$54.8M.
Key information
50.6%
Debt to equity ratio
CA$277.98m
Debt
| Interest coverage ratio | 3.4x |
| Cash | CA$54.76m |
| Equity | CA$549.00m |
| Total liabilities | CA$552.57m |
| Total assets | CA$1.10b |
Recent financial health updates
These 4 Measures Indicate That Savaria (TSE:SIS) Is Using Debt Reasonably Well
Nov 08
Is Savaria (TSE:SIS) A Risky Investment?
Mar 19Is Savaria (TSE:SIS) A Risky Investment?
Jun 15Recent updates
Savaria's (TSE:SIS) Dividend Will Be CA$0.0433
Mar 24We Think That There Are Some Issues For Savaria (TSE:SIS) Beyond Its Promising Earnings
Mar 13Savaria (TSE:SIS) Has Announced A Dividend Of CA$0.0433
Nov 28These 4 Measures Indicate That Savaria (TSE:SIS) Is Using Debt Reasonably Well
Nov 08Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0433
Oct 26Savaria (TSE:SIS) Will Pay A Dividend Of CA$0.0433
Sep 26Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0433
Aug 29Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0433
May 27Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.0433
Mar 28Is Savaria (TSE:SIS) A Risky Investment?
Mar 19Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.0433
Oct 25Savaria (TSE:SIS) Has Announced That It Will Be Increasing Its Dividend To CA$0.0433
Sep 20Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0417
Jul 26Savaria (TSE:SIS) Has Announced A Dividend Of CA$0.042
Jun 26Is Savaria (TSE:SIS) A Risky Investment?
Jun 15Savaria (TSE:SIS) Has Re-Affirmed Its Dividend Of CA$0.042
May 27Financial Position Analysis
Short Term Liabilities: SIS's short term assets (CA$337.7M) exceed its short term liabilities (CA$170.5M).
Long Term Liabilities: SIS's short term assets (CA$337.7M) do not cover its long term liabilities (CA$382.0M).
Debt to Equity History and Analysis
Debt Level: SIS's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: SIS's debt to equity ratio has reduced from 51.4% to 50.6% over the past 5 years.
Debt Coverage: SIS's debt is well covered by operating cash flow (28.3%).
Interest Coverage: SIS's interest payments on its debt are well covered by EBIT (3.4x coverage).