Spin Master Balance Sheet Health
Financial Health criteria checks 5/6
Spin Master has a total shareholder equity of $1.4B and total debt of $408.8M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are $2.8B and $1.4B respectively. Spin Master's EBIT is $177.0M making its interest coverage ratio 5.4. It has cash and short-term investments of $114.2M.
Key information
28.8%
Debt to equity ratio
US$408.80m
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$114.20m |
| Equity | US$1.42b |
| Total liabilities | US$1.36b |
| Total assets | US$2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SP9's short term assets ($1.1B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: SP9's short term assets ($1.1B) exceed its long term liabilities ($355.6M).
Debt to Equity History and Analysis
Debt Level: SP9's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: SP9's debt to equity ratio has increased from 0.1% to 28.8% over the past 5 years.
Debt Coverage: SP9's debt is well covered by operating cash flow (47.1%).
Interest Coverage: SP9's interest payments on its debt are well covered by EBIT (5.4x coverage).