SFL Balance Sheet Health
Financial Health criteria checks 1/6
SFL has a total shareholder equity of $1.0B and total debt of $1.6B, which brings its debt-to-equity ratio to 151.4%. Its total assets and total liabilities are $3.7B and $2.7B respectively. SFL's EBIT is $228.9M making its interest coverage ratio 1.5. It has cash and short-term investments of $175.2M.
Key information
151.4%
Debt to equity ratio
US$1.57b
Debt
Interest coverage ratio | 1.5x |
Cash | US$175.21m |
Equity | US$1.04b |
Total liabilities | US$2.69b |
Total assets | US$3.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UG6's short term assets ($298.1M) do not cover its short term liabilities ($969.2M).
Long Term Liabilities: UG6's short term assets ($298.1M) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: UG6's net debt to equity ratio (134.5%) is considered high.
Reducing Debt: UG6's debt to equity ratio has increased from 126.2% to 151.4% over the past 5 years.
Debt Coverage: UG6's debt is well covered by operating cash flow (21.8%).
Interest Coverage: UG6's interest payments on its debt are not well covered by EBIT (1.5x coverage).