Sif Holding Balance Sheet Health
Financial Health criteria checks 4/6
Sif Holding has a total shareholder equity of €245.0M and total debt of €60.0M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are €626.3M and €381.3M respectively. Sif Holding's EBIT is €18.5M making its interest coverage ratio -561.3. It has cash and short-term investments of €87.2M.
Key information
24.5%
Debt to equity ratio
€60.01m
Debt
| Interest coverage ratio | -561.3x |
| Cash | €87.20m |
| Equity | €244.99m |
| Total liabilities | €381.30m |
| Total assets | €626.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RHT's short term assets (€161.9M) exceed its short term liabilities (€157.8M).
Long Term Liabilities: 0RHT's short term assets (€161.9M) do not cover its long term liabilities (€223.5M).
Debt to Equity History and Analysis
Debt Level: 0RHT has more cash than its total debt.
Reducing Debt: 0RHT's debt to equity ratio has increased from 19% to 24.5% over the past 5 years.
Debt Coverage: 0RHT's debt is well covered by operating cash flow (106.7%).
Interest Coverage: 0RHT earns more interest than it pays, so coverage of interest payments is not a concern.