Saia Balance Sheet Health
Financial Health criteria checks 6/6
Saia has a total shareholder equity of $2.0B and total debt of $72.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are $2.8B and $736.8M respectively. Saia's EBIT is $480.2M making its interest coverage ratio -108.3. It has cash and short-term investments of $12.3M.
Key information
3.5%
Debt to equity ratio
US$72.00m
Debt
Interest coverage ratio | -108.3x |
Cash | US$12.31m |
Equity | US$2.03b |
Total liabilities | US$736.78m |
Total assets | US$2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQR's short term assets ($416.3M) exceed its short term liabilities ($337.8M).
Long Term Liabilities: SQR's short term assets ($416.3M) exceed its long term liabilities ($399.0M).
Debt to Equity History and Analysis
Debt Level: SQR's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: SQR's debt to equity ratio has reduced from 7.1% to 3.5% over the past 5 years.
Debt Coverage: SQR's debt is well covered by operating cash flow (784.9%).
Interest Coverage: SQR earns more interest than it pays, so coverage of interest payments is not a concern.