SigmaTron International Balance Sheet Health
Financial Health criteria checks 3/6
SigmaTron International has a total shareholder equity of $69.4M and total debt of $83.0M, which brings its debt-to-equity ratio to 119.6%. Its total assets and total liabilities are $243.5M and $174.2M respectively. SigmaTron International's EBIT is $17.4M making its interest coverage ratio 1.6. It has cash and short-term investments of $3.7M.
Key information
119.6%
Debt to equity ratio
US$82.96m
Debt
Interest coverage ratio | 1.6x |
Cash | US$3.72m |
Equity | US$69.37m |
Total liabilities | US$174.17m |
Total assets | US$243.54m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SG3's short term assets ($194.5M) exceed its short term liabilities ($85.2M).
Long Term Liabilities: SG3's short term assets ($194.5M) exceed its long term liabilities ($89.0M).
Debt to Equity History and Analysis
Debt Level: SG3's net debt to equity ratio (114.2%) is considered high.
Reducing Debt: SG3's debt to equity ratio has increased from 80.7% to 119.6% over the past 5 years.
Debt Coverage: SG3's debt is well covered by operating cash flow (36.5%).
Interest Coverage: SG3's interest payments on its debt are not well covered by EBIT (1.6x coverage).