Samsonite International Balance Sheet Health
Financial Health criteria checks 3/6
Samsonite International has a total shareholder equity of $1.6B and total debt of $1.8B, which brings its debt-to-equity ratio to 117.9%. Its total assets and total liabilities are $5.1B and $3.6B respectively. Samsonite International's EBIT is $608.0M making its interest coverage ratio 5.3. It has cash and short-term investments of $682.3M.
Key information
117.9%
Debt to equity ratio
US$1.83b
Debt
| Interest coverage ratio | 5.3x |
| Cash | US$682.30m |
| Equity | US$1.55b |
| Total liabilities | US$3.56b |
| Total assets | US$5.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1SO's short term assets ($1.8B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: 1SO's short term assets ($1.8B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: 1SO's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: 1SO's debt to equity ratio has increased from 95.1% to 117.9% over the past 5 years.
Debt Coverage: 1SO's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 1SO's interest payments on its debt are well covered by EBIT (5.3x coverage).