Sif Holding Balance Sheet Health
Financial Health criteria checks 6/6
Sif Holding has a total shareholder equity of €247.0M and total debt of €19.9M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are €600.0M and €353.0M respectively. Sif Holding's EBIT is €13.9M making its interest coverage ratio -12.7. It has cash and short-term investments of €131.4M.
Key information
8.1%
Debt to equity ratio
€19.93m
Debt
Interest coverage ratio | -12.7x |
Cash | €131.39m |
Equity | €247.01m |
Total liabilities | €353.01m |
Total assets | €600.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 276's short term assets (€205.6M) exceed its short term liabilities (€155.5M).
Long Term Liabilities: 276's short term assets (€205.6M) exceed its long term liabilities (€197.5M).
Debt to Equity History and Analysis
Debt Level: 276 has more cash than its total debt.
Reducing Debt: 276's debt to equity ratio has reduced from 37% to 8.1% over the past 5 years.
Debt Coverage: 276's debt is well covered by operating cash flow (534.4%).
Interest Coverage: 276 earns more interest than it pays, so coverage of interest payments is not a concern.