Schneider National Balance Sheet Health
Financial Health criteria checks 6/6
Schneider National has a total shareholder equity of $3.0B and total debt of $290.0M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are $4.6B and $1.6B respectively. Schneider National's EBIT is $297.3M making its interest coverage ratio 41.3. It has cash and short-term investments of $159.6M.
Key information
9.8%
Debt to equity ratio
US$290.00m
Debt
Interest coverage ratio | 41.3x |
Cash | US$159.60m |
Equity | US$2.96b |
Total liabilities | US$1.60b |
Total assets | US$4.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNIA's short term assets ($1.1B) exceed its short term liabilities ($606.2M).
Long Term Liabilities: SNIA's short term assets ($1.1B) exceed its long term liabilities ($994.2M).
Debt to Equity History and Analysis
Debt Level: SNIA's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: SNIA's debt to equity ratio has reduced from 19% to 9.8% over the past 5 years.
Debt Coverage: SNIA's debt is well covered by operating cash flow (234.5%).
Interest Coverage: SNIA's interest payments on its debt are well covered by EBIT (41.3x coverage).