ScanSource Balance Sheet Health
Financial Health criteria checks 6/6
ScanSource has a total shareholder equity of $920.9M and total debt of $143.6M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are $1.8B and $865.6M respectively. ScanSource's EBIT is $96.3M making its interest coverage ratio -83. It has cash and short-term investments of $145.0M.
Key information
15.6%
Debt to equity ratio
US$143.65m
Debt
| Interest coverage ratio | -83x |
| Cash | US$145.04m |
| Equity | US$920.89m |
| Total liabilities | US$865.62m |
| Total assets | US$1.79b |
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 ($666.0M).
Long Term Liabilities: SC3's short term assets ($1.4B) exceed its long term liabilities ($199.6M).
Debt to Equity History and Analysis
Debt Level: SC3 has more cash than its total debt.
Reducing Debt: SC3's debt to equity ratio has reduced from 41.4% to 15.6% over the past 5 years.
Debt Coverage: SC3's debt is well covered by operating cash flow (224.8%).
Interest Coverage: SC3 earns more interest than it pays, so coverage of interest payments is not a concern.