Service Corporation International Balance Sheet Health
Financial Health criteria checks 2/6
Service International has a total shareholder equity of $1.6B and total debt of $4.7B, which brings its debt-to-equity ratio to 287.8%. Its total assets and total liabilities are $17.4B and $15.8B respectively. Service International's EBIT is $901.7M making its interest coverage ratio 3.5. It has cash and short-term investments of $185.4M.
Key information
287.8%
Debt to equity ratio
US$4.69b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$185.42m |
| Equity | US$1.63b |
| Total liabilities | US$15.78b |
| Total assets | US$17.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SVC's short term assets ($389.1M) do not cover its short term liabilities ($743.2M).
Long Term Liabilities: SVC's short term assets ($389.1M) do not cover its long term liabilities ($15.0B).
Debt to Equity History and Analysis
Debt Level: SVC's net debt to equity ratio (276.4%) is considered high.
Reducing Debt: SVC's debt to equity ratio has increased from 188.4% to 287.8% over the past 5 years.
Debt Coverage: SVC's debt is well covered by operating cash flow (20.5%).
Interest Coverage: SVC's interest payments on its debt are well covered by EBIT (3.5x coverage).