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 111.9%. Its total assets and total liabilities are $5.1B and $3.5B respectively. Samsonite International's EBIT is $665.4M making its interest coverage ratio 6. It has cash and short-term investments of $744.5M.
Key information
111.9%
Debt to equity ratio
US$1.81b
Debt
Interest coverage ratio | 6x |
Cash | US$744.50m |
Equity | US$1.62b |
Total liabilities | US$3.53b |
Total assets | US$5.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1SO0's short term assets ($1.9B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: 1SO0's short term assets ($1.9B) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: 1SO0's net debt to equity ratio (65.8%) is considered high.
Reducing Debt: 1SO0's debt to equity ratio has increased from 94.8% to 111.9% over the past 5 years.
Debt Coverage: 1SO0's debt is well covered by operating cash flow (33.6%).
Interest Coverage: 1SO0's interest payments on its debt are well covered by EBIT (6x coverage).