Superior Group of Companies Balance Sheet Health
Financial Health criteria checks 5/6
Superior Group of Companies has a total shareholder equity of $200.8M and total debt of $89.6M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are $408.5M and $207.7M respectively. Superior Group of Companies's EBIT is $22.4M making its interest coverage ratio 2.5. It has cash and short-term investments of $22.0M.
Key information
44.6%
Debt to equity ratio
US$89.60m
Debt
Interest coverage ratio | 2.5x |
Cash | US$22.04m |
Equity | US$200.82m |
Total liabilities | US$207.66m |
Total assets | US$408.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6G6's short term assets ($267.5M) exceed its short term liabilities ($88.2M).
Long Term Liabilities: 6G6's short term assets ($267.5M) exceed its long term liabilities ($119.5M).
Debt to Equity History and Analysis
Debt Level: 6G6's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 6G6's debt to equity ratio has reduced from 77.3% to 44.6% over the past 5 years.
Debt Coverage: 6G6's debt is well covered by operating cash flow (70.7%).
Interest Coverage: 6G6's interest payments on its debt are not well covered by EBIT (2.5x coverage).