Savaria Balance Sheet Health
Financial Health criteria checks 5/6
Savaria has a total shareholder equity of CA$550.5M and total debt of CA$270.2M, which brings its debt-to-equity ratio to 49.1%. Its total assets and total liabilities are CA$1.1B and CA$554.5M respectively. Savaria's EBIT is CA$86.5M making its interest coverage ratio 4.4. It has cash and short-term investments of CA$53.7M.
Key information
49.1%
Debt to equity ratio
CA$270.22m
Debt
Interest coverage ratio | 4.4x |
Cash | CA$53.68m |
Equity | CA$550.48m |
Total liabilities | CA$554.46m |
Total assets | CA$1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S97's short term assets (CA$329.1M) exceed its short term liabilities (CA$171.2M).
Long Term Liabilities: S97's short term assets (CA$329.1M) do not cover its long term liabilities (CA$383.3M).
Debt to Equity History and Analysis
Debt Level: S97's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: S97's debt to equity ratio has reduced from 59.1% to 49.1% over the past 5 years.
Debt Coverage: S97's debt is well covered by operating cash flow (33%).
Interest Coverage: S97's interest payments on its debt are well covered by EBIT (4.4x coverage).