Piper Sandler Companies Balance Sheet Health
Financial Health criteria checks 5/6
Piper Sandler Companies has a total shareholder equity of $1.4B and total debt of $22.9M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are $2.0B and $670.0M respectively.
Key information
1.7%
Debt to equity ratio
US$22.92m
Debt
| Interest coverage ratio | n/a |
| Cash | US$768.21m |
| Equity | US$1.36b |
| Total liabilities | US$670.05m |
| Total assets | US$2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PJR's short term assets ($1.0B) exceed its short term liabilities ($574.9M).
Long Term Liabilities: PJR's short term assets ($1.0B) exceed its long term liabilities ($95.2M).
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 7.5% to 1.7% over the past 5 years.
Debt Coverage: PJR's debt is well covered by operating cash flow (2497.4%).
Interest Coverage: Insufficient data to determine if PJR's interest payments on its debt are well covered by EBIT.