Piper Sandler Companies Balance Sheet Health
Financial Health criteria checks 5/6
Piper Sandler Companies has a total shareholder equity of $1.3B and total debt of $3.6M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $1.8B and $497.4M respectively.
Key information
0.3%
Debt to equity ratio
US$3.63m
Debt
Interest coverage ratio | n/a |
Cash | US$512.19m |
Equity | US$1.33b |
Total liabilities | US$497.42m |
Total assets | US$1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PJR's short term assets ($805.2M) exceed its short term liabilities ($405.9M).
Long Term Liabilities: PJR's short term assets ($805.2M) exceed its long term liabilities ($91.5M).
Debt to Equity History and Analysis
Debt Level: PJR has more cash than its total debt.
Reducing Debt: PJR's debt to equity ratio has reduced from 7.8% to 0.3% over the past 5 years.
Debt Coverage: PJR's debt is well covered by operating cash flow (7723.1%).
Interest Coverage: Insufficient data to determine if PJR's interest payments on its debt are well covered by EBIT.