Superior Group of Companies Balance Sheet Health
Financial Health criteria checks 6/6
Superior Group of Companies has a total shareholder equity of $199.5M and total debt of $84.4M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are $407.4M and $207.8M respectively. Superior Group of Companies's EBIT is $22.9M making its interest coverage ratio 3.3. It has cash and short-term investments of $18.4M.
Key information
42.3%
Debt to equity ratio
US$84.38m
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$18.37m |
| Equity | US$199.51m |
| Total liabilities | US$207.84m |
| Total assets | US$407.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6G6's short term assets ($271.5M) exceed its short term liabilities ($95.0M).
Long Term Liabilities: 6G6's short term assets ($271.5M) exceed its long term liabilities ($112.8M).
Debt to Equity History and Analysis
Debt Level: 6G6's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: 6G6's debt to equity ratio has reduced from 76.3% to 42.3% over the past 5 years.
Debt Coverage: 6G6's debt is well covered by operating cash flow (52.2%).
Interest Coverage: 6G6's interest payments on its debt are well covered by EBIT (3.3x coverage).