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Switch Balance Sheet Health
Financial Health criteria checks 2/6
Key information
183.5%
Debt to equity ratio
US$1.90b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$41.25m |
| Equity | US$1.03b |
| Total liabilities | US$2.27b |
| Total assets | US$3.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 821's short term assets ($96.9M) do not cover its short term liabilities ($261.6M).
Long Term Liabilities: 821's short term assets ($96.9M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: 821's net debt to equity ratio (179.5%) is considered high.
Reducing Debt: 821's debt to equity ratio has reduced from 488.9% to 183.5% over the past 5 years.
Debt Coverage: 821's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 821's interest payments on its debt are well covered by EBIT (3.3x coverage).