Smith & Wesson Brands Balance Sheet Health
Financial Health criteria checks 6/6
Smith & Wesson Brands has a total shareholder equity of $376.4M and total debt of $64.9M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are $570.6M and $194.1M respectively. Smith & Wesson Brands's EBIT is $46.6M making its interest coverage ratio 111.5. It has cash and short-term investments of $47.4M.
Key information
17.2%
Debt to equity ratio
US$64.86m
Debt
Interest coverage ratio | 111.5x |
Cash | US$47.37m |
Equity | US$376.43m |
Total liabilities | US$194.14m |
Total assets | US$570.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWS's short term assets ($276.2M) exceed its short term liabilities ($86.1M).
Long Term Liabilities: SWS's short term assets ($276.2M) exceed its long term liabilities ($108.0M).
Debt to Equity History and Analysis
Debt Level: SWS's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: SWS's debt to equity ratio has reduced from 42.2% to 17.2% over the past 5 years.
Debt Coverage: SWS's debt is well covered by operating cash flow (155.9%).
Interest Coverage: SWS's interest payments on its debt are well covered by EBIT (111.5x coverage).