Sherritt International Balance Sheet Health
Financial Health criteria checks 3/6
Sherritt International has a total shareholder equity of CA$584.5M and total debt of CA$369.9M, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are CA$1.3B and CA$746.2M respectively.
Key information
63.3%
Debt to equity ratio
CA$369.90m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$132.30m |
| Equity | CA$584.50m |
| Total liabilities | CA$746.20m |
| Total assets | CA$1.33b |
Recent financial health updates
Is Sherritt International (TSE:S) Weighed On By Its Debt Load?
Apr 18
Sherritt International (TSE:S) Has Debt But No Earnings; Should You Worry?
Nov 21Is Sherritt International (TSE:S) Using Debt In A Risky Way?
Apr 04Does Sherritt International (TSE:S) Have A Healthy Balance Sheet?
Sep 27Sherritt International (TSE:S) Has Debt But No Earnings; Should You Worry?
Sep 14Health Check: How Prudently Does Sherritt International (TSE:S) Use Debt?
Dec 25
Recent updates
Sherritt International Corporation's (TSE:S) Share Price Is Matching Sentiment Around Its Revenues
Jul 25Is Sherritt International (TSE:S) Weighed On By Its Debt Load?
Apr 18Sherritt International (TSE:S) Has Debt But No Earnings; Should You Worry?
Nov 21Is Sherritt International (TSE:S) Using Debt In A Risky Way?
Apr 04Does Sherritt International (TSE:S) Have A Healthy Balance Sheet?
Sep 27We Think Sherritt International's (TSE:S) Profit Is Only A Baseline For What They Can Achieve
May 19Sherritt International (TSE:S) Has Debt But No Earnings; Should You Worry?
Sep 14An Intrinsic Calculation For Sherritt International Corporation (TSE:S) Suggests It's 49% Undervalued
Mar 22Analysts Expect Sherritt International Corporation (TSE:S) To Breakeven Soon
Feb 24Did You Miss Sherritt International's (TSE:S) Impressive 164% Share Price Gain?
Jan 29Health Check: How Prudently Does Sherritt International (TSE:S) Use Debt?
Dec 25Financial Position Analysis
Short Term Liabilities: S's short term assets (CA$333.5M) exceed its short term liabilities (CA$261.3M).
Long Term Liabilities: S's short term assets (CA$333.5M) do not cover its long term liabilities (CA$484.9M).
Debt to Equity History and Analysis
Debt Level: S's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: S's debt to equity ratio has reduced from 74.8% to 63.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: S has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if S has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.