ScanSource Balance Sheet Health
Financial Health criteria checks 6/6
ScanSource has a total shareholder equity of $953.6M and total debt of $168.6M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are $1.8B and $827.2M respectively. ScanSource's EBIT is $113.9M making its interest coverage ratio 8.8. It has cash and short-term investments of $45.0M.
Key information
17.7%
Debt to equity ratio
US$168.63m
Debt
Interest coverage ratio | 8.8x |
Cash | US$44.99m |
Equity | US$953.60m |
Total liabilities | US$827.20m |
Total assets | US$1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SC3's short term assets ($1.4B) exceed its short term liabilities ($610.6M).
Long Term Liabilities: SC3's short term assets ($1.4B) exceed its long term liabilities ($216.6M).
Debt to Equity History and Analysis
Debt Level: SC3's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: SC3's debt to equity ratio has reduced from 41.4% to 17.7% over the past 5 years.
Debt Coverage: SC3's debt is well covered by operating cash flow (116.4%).
Interest Coverage: SC3's interest payments on its debt are well covered by EBIT (8.8x coverage).