SATO Technologies Balance Sheet Health
Financial Health criteria checks 0/6
SATO Technologies has a total shareholder equity of CA$6.6M and total debt of CA$9.1M, which brings its debt-to-equity ratio to 137.8%. Its total assets and total liabilities are CA$21.7M and CA$15.1M respectively. SATO Technologies's EBIT is CA$2.2M making its interest coverage ratio 2.4. It has cash and short-term investments of CA$583.2K.
Key information
137.8%
Debt to equity ratio
CA$9.12m
Debt
| Interest coverage ratio | 2.4x |
| Cash | CA$583.15k |
| Equity | CA$6.62m |
| Total liabilities | CA$15.06m |
| Total assets | CA$21.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SATO's short term assets (CA$6.2M) do not cover its short term liabilities (CA$7.1M).
Long Term Liabilities: SATO's short term assets (CA$6.2M) do not cover its long term liabilities (CA$7.9M).
Debt to Equity History and Analysis
Debt Level: SATO's net debt to equity ratio (129%) is considered high.
Reducing Debt: SATO's debt to equity ratio has increased from 29.1% to 137.8% over the past 5 years.
Debt Coverage: SATO's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: SATO's interest payments on its debt are not well covered by EBIT (2.4x coverage).