Stoneridge Balance Sheet Health
Financial Health criteria checks 2/6
Stoneridge has a total shareholder equity of $271.4M and total debt of $196.3M, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are $662.5M and $391.2M respectively. Stoneridge's EBIT is $12.4M making its interest coverage ratio 0.8. It has cash and short-term investments of $54.1M.
Key information
72.4%
Debt to equity ratio
US$196.32m
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$54.14m |
| Equity | US$271.35m |
| Total liabilities | US$391.17m |
| Total assets | US$662.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2GX's short term assets ($414.4M) exceed its short term liabilities ($169.9M).
Long Term Liabilities: 2GX's short term assets ($414.4M) exceed its long term liabilities ($221.3M).
Debt to Equity History and Analysis
Debt Level: 2GX's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: 2GX's debt to equity ratio has increased from 40.4% to 72.4% over the past 5 years.
Debt Coverage: 2GX's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 2GX's interest payments on its debt are not well covered by EBIT (0.8x coverage).