Sipef Balance Sheet Health
Financial Health criteria checks 6/6
Sipef has a total shareholder equity of $893.0M and total debt of $28.2M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are $1.1B and $195.6M respectively. Sipef's EBIT is $100.2M making its interest coverage ratio 172.8. It has cash and short-term investments of $16.1M.
Key information
3.2%
Debt to equity ratio
US$28.16m
Debt
| Interest coverage ratio | 172.8x |
| Cash | US$16.12m |
| Equity | US$892.97m |
| Total liabilities | US$195.61m |
| Total assets | US$1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BZ3's short term assets ($167.7M) exceed its short term liabilities ($113.8M).
Long Term Liabilities: BZ3's short term assets ($167.7M) exceed its long term liabilities ($81.8M).
Debt to Equity History and Analysis
Debt Level: BZ3's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: BZ3's debt to equity ratio has reduced from 23.5% to 3.2% over the past 5 years.
Debt Coverage: BZ3's debt is well covered by operating cash flow (461.4%).
Interest Coverage: BZ3's interest payments on its debt are well covered by EBIT (172.8x coverage).