Stoneridge Balance Sheet Health
Financial Health criteria checks 2/6
Stoneridge has a total shareholder equity of $287.7M and total debt of $191.5M, which brings its debt-to-equity ratio to 66.5%. Its total assets and total liabilities are $679.9M and $392.2M respectively. Stoneridge's EBIT is $17.3M making its interest coverage ratio 1.3. It has cash and short-term investments of $40.8M.
Key information
66.5%
Debt to equity ratio
US$191.46m
Debt
Interest coverage ratio | 1.3x |
Cash | US$40.84m |
Equity | US$287.72m |
Total liabilities | US$392.18m |
Total assets | US$679.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2GX's short term assets ($429.4M) exceed its short term liabilities ($178.2M).
Long Term Liabilities: 2GX's short term assets ($429.4M) exceed its long term liabilities ($213.9M).
Debt to Equity History and Analysis
Debt Level: 2GX's net debt to equity ratio (52.3%) is considered high.
Reducing Debt: 2GX's debt to equity ratio has increased from 34.8% to 66.5% over the past 5 years.
Debt Coverage: 2GX's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 2GX's interest payments on its debt are not well covered by EBIT (1.3x coverage).