Sotera Health Balance Sheet Health
Financial Health criteria checks 2/6
Sotera Health has a total shareholder equity of $429.4M and total debt of $2.2B, which brings its debt-to-equity ratio to 519.2%. Its total assets and total liabilities are $3.1B and $2.6B respectively. Sotera Health's EBIT is $366.1M making its interest coverage ratio 2.3. It has cash and short-term investments of $261.5M.
Key information
519.2%
Debt to equity ratio
US$2.23b
Debt
Interest coverage ratio | 2.3x |
Cash | US$261.55m |
Equity | US$429.39m |
Total liabilities | US$2.63b |
Total assets | US$3.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SH5's short term assets ($487.2M) exceed its short term liabilities ($152.3M).
Long Term Liabilities: SH5's short term assets ($487.2M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: SH5's net debt to equity ratio (458.3%) is considered high.
Reducing Debt: SH5 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SH5's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SH5's interest payments on its debt are not well covered by EBIT (2.3x coverage).