Saras Balance Sheet Health
Financial Health criteria checks 5/6
Saras has a total shareholder equity of €1.3B and total debt of €451.9M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are €3.8B and €2.4B respectively. Saras's EBIT is €460.7M making its interest coverage ratio 12. It has cash and short-term investments of €544.2M.
Key information
33.6%
Debt to equity ratio
€451.86m
Debt
| Interest coverage ratio | 12x |
| Cash | €544.23m |
| Equity | €1.34b |
| Total liabilities | €2.42b |
| Total assets | €3.76b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S7A's short term assets (€2.5B) exceed its short term liabilities (€1.8B).
Long Term Liabilities: S7A's short term assets (€2.5B) exceed its long term liabilities (€654.4M).
Debt to Equity History and Analysis
Debt Level: S7A has more cash than its total debt.
Reducing Debt: S7A's debt to equity ratio has increased from 30.4% to 33.6% over the past 5 years.
Debt Coverage: S7A's debt is well covered by operating cash flow (69.2%).
Interest Coverage: S7A's interest payments on its debt are well covered by EBIT (12x coverage).