Standex International Balance Sheet Health
Financial Health criteria checks 6/6
Standex International has a total shareholder equity of $620.6M and total debt of $148.7M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are $1.0B and $384.5M respectively. Standex International's EBIT is $114.2M making its interest coverage ratio 23.1. It has cash and short-term investments of $151.9M.
Key information
24.0%
Debt to equity ratio
US$148.66m
Debt
Interest coverage ratio | 23.1x |
Cash | US$151.86m |
Equity | US$620.57m |
Total liabilities | US$384.49m |
Total assets | US$1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9SI's short term assets ($436.0M) exceed its short term liabilities ($130.5M).
Long Term Liabilities: 9SI's short term assets ($436.0M) exceed its long term liabilities ($253.9M).
Debt to Equity History and Analysis
Debt Level: 9SI has more cash than its total debt.
Reducing Debt: 9SI's debt to equity ratio has reduced from 69.6% to 24% over the past 5 years.
Debt Coverage: 9SI's debt is well covered by operating cash flow (69.6%).
Interest Coverage: 9SI's interest payments on its debt are well covered by EBIT (23.1x coverage).