Scales Balance Sheet Health
Financial Health criteria checks 6/6
Scales has a total shareholder equity of NZ$384.9M and total debt of NZ$65.6M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are NZ$581.7M and NZ$196.7M respectively. Scales's EBIT is NZ$37.1M making its interest coverage ratio 8.6. It has cash and short-term investments of NZ$78.4M.
Key information
17.1%
Debt to equity ratio
NZ$65.65m
Debt
Interest coverage ratio | 8.6x |
Cash | NZ$78.41m |
Equity | NZ$384.95m |
Total liabilities | NZ$196.71m |
Total assets | NZ$581.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S05's short term assets (NZ$179.7M) exceed its short term liabilities (NZ$62.6M).
Long Term Liabilities: S05's short term assets (NZ$179.7M) exceed its long term liabilities (NZ$134.1M).
Debt to Equity History and Analysis
Debt Level: S05 has more cash than its total debt.
Reducing Debt: S05's debt to equity ratio has reduced from 29.3% to 17.1% over the past 5 years.
Debt Coverage: S05's debt is well covered by operating cash flow (98.6%).
Interest Coverage: S05's interest payments on its debt are well covered by EBIT (8.6x coverage).