Scales Balance Sheet Health
Financial Health criteria checks 5/6
Scales has a total shareholder equity of NZ$403.7M and total debt of NZ$121.8M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are NZ$739.8M and NZ$336.1M respectively. Scales's EBIT is NZ$57.7M making its interest coverage ratio 12.7. It has cash and short-term investments of NZ$40.7M.
Key information
30.2%
Debt to equity ratio
NZ$121.77m
Debt
| Interest coverage ratio | 12.7x |
| Cash | NZ$40.68m |
| Equity | NZ$403.71m |
| Total liabilities | NZ$336.11m |
| Total assets | NZ$739.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S05's short term assets (NZ$300.6M) exceed its short term liabilities (NZ$158.6M).
Long Term Liabilities: S05's short term assets (NZ$300.6M) exceed its long term liabilities (NZ$177.5M).
Debt to Equity History and Analysis
Debt Level: S05's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: S05's debt to equity ratio has increased from 18.4% to 30.2% over the past 5 years.
Debt Coverage: S05's debt is well covered by operating cash flow (70.7%).
Interest Coverage: S05's interest payments on its debt are well covered by EBIT (12.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 16:09 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Scales Corporation Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christian Bell | Credit Suisse |
| Adrian Allbon | Deutsche Bank |
| Montgomerie Matt | Forsyth Barr Group Ltd. |