ScanSource Balance Sheet Health
Financial Health criteria checks 6/6
ScanSource has a total shareholder equity of $924.3M and total debt of $144.1M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are $1.8B and $854.8M respectively. ScanSource's EBIT is $97.3M making its interest coverage ratio 26.7. It has cash and short-term investments of $185.5M.
Key information
15.6%
Debt to equity ratio
US$144.06m
Debt
| Interest coverage ratio | 26.7x |
| Cash | US$185.46m |
| Equity | US$924.26m |
| Total liabilities | US$854.78m |
| 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 ($669.4M).
Long Term Liabilities: SC3's short term assets ($1.4B) exceed its long term liabilities ($185.4M).
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 36.2% to 15.6% over the past 5 years.
Debt Coverage: SC3's debt is well covered by operating cash flow (258%).
Interest Coverage: SC3's interest payments on its debt are well covered by EBIT (26.7x coverage).