Savaria Balance Sheet Health
Financial Health criteria checks 4/6
Savaria has a total shareholder equity of CA$576.5M and total debt of CA$258.0M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are CA$1.1B and CA$550.9M respectively. Savaria's EBIT is CA$100.4M making its interest coverage ratio 5.1. It has cash and short-term investments of CA$58.3M.
Key information
44.8%
Debt to equity ratio
CA$258.05m
Debt
| Interest coverage ratio | 5.1x |
| Cash | CA$58.29m |
| Equity | CA$576.46m |
| Total liabilities | CA$550.89m |
| Total assets | CA$1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S97's short term assets (CA$339.1M) exceed its short term liabilities (CA$171.9M).
Long Term Liabilities: S97's short term assets (CA$339.1M) do not cover its long term liabilities (CA$378.9M).
Debt to Equity History and Analysis
Debt Level: S97's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: S97's debt to equity ratio has increased from 23% to 44.8% over the past 5 years.
Debt Coverage: S97's debt is well covered by operating cash flow (47.7%).
Interest Coverage: S97's interest payments on its debt are well covered by EBIT (5.1x coverage).