Stepan Balance Sheet Health
Financial Health criteria checks 4/6
Stepan has a total shareholder equity of $1.2B and total debt of $654.1M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are $2.4B and $1.1B respectively. Stepan's EBIT is $72.6M making its interest coverage ratio 6.5. It has cash and short-term investments of $129.8M.
Key information
53.8%
Debt to equity ratio
US$654.15m
Debt
Interest coverage ratio | 6.5x |
Cash | US$129.82m |
Equity | US$1.22b |
Total liabilities | US$1.15b |
Total assets | US$2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 96S's short term assets ($851.9M) exceed its short term liabilities ($607.9M).
Long Term Liabilities: 96S's short term assets ($851.9M) exceed its long term liabilities ($539.0M).
Debt to Equity History and Analysis
Debt Level: 96S's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: 96S's debt to equity ratio has increased from 34.2% to 53.8% over the past 5 years.
Debt Coverage: 96S's debt is well covered by operating cash flow (26.7%).
Interest Coverage: 96S's interest payments on its debt are well covered by EBIT (6.5x coverage).