Spectrum Brands Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Spectrum Brands Holdings has a total shareholder equity of $2.1B and total debt of $479.2M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are $3.8B and $1.7B respectively. Spectrum Brands Holdings's EBIT is $184.1M making its interest coverage ratio 184.1. It has cash and short-term investments of $368.9M.
Key information
22.4%
Debt to equity ratio
US$479.20m
Debt
| Interest coverage ratio | 184.1x |
| Cash | US$368.90m |
| Equity | US$2.14b |
| Total liabilities | US$1.70b |
| Total assets | US$3.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H221's short term assets ($1.6B) exceed its short term liabilities ($687.1M).
Long Term Liabilities: H221's short term assets ($1.6B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: H221's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: H221's debt to equity ratio has reduced from 126.4% to 22.4% over the past 5 years.
Debt Coverage: H221's debt is well covered by operating cash flow (33.9%).
Interest Coverage: H221's interest payments on its debt are well covered by EBIT (184.1x coverage).