Service Corporation International Balance Sheet Health
Financial Health criteria checks 1/6
Service International has a total shareholder equity of $1.5B and total debt of $4.6B, which brings its debt-to-equity ratio to 301.6%. Its total assets and total liabilities are $16.8B and $15.2B respectively. Service International's EBIT is $913.3M making its interest coverage ratio 3.6. It has cash and short-term investments of $184.4M.
Key information
301.6%
Debt to equity ratio
US$4.64b
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$184.43m |
| Equity | US$1.54b |
| Total liabilities | US$15.24b |
| Total assets | US$16.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SVC's short term assets ($410.6M) do not cover its short term liabilities ($742.7M).
Long Term Liabilities: SVC's short term assets ($410.6M) do not cover its long term liabilities ($14.5B).
Debt to Equity History and Analysis
Debt Level: SVC's net debt to equity ratio (289.6%) is considered high.
Reducing Debt: SVC's debt to equity ratio has increased from 196.9% to 301.6% over the past 5 years.
Debt Coverage: SVC's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: SVC's interest payments on its debt are well covered by EBIT (3.6x coverage).