Scottish American Investment Balance Sheet Health
Financial Health criteria checks 5/6
Scottish American Investment has a total shareholder equity of £935.2M and total debt of £94.7M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are £1.0B and £97.5M respectively. Scottish American Investment's EBIT is £116.0M making its interest coverage ratio 40.8. It has cash and short-term investments of £7.3M.
Key information
10.1%
Debt to equity ratio
UK£94.73m
Debt
Interest coverage ratio | 40.8x |
Cash | UK£7.34m |
Equity | UK£935.18m |
Total liabilities | UK£97.52m |
Total assets | UK£1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAIN's short term assets (£10.9M) exceed its short term liabilities (£2.8M).
Long Term Liabilities: SAIN's short term assets (£10.9M) do not cover its long term liabilities (£94.7M).
Debt to Equity History and Analysis
Debt Level: SAIN's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: SAIN's debt to equity ratio has reduced from 17.1% to 10.1% over the past 5 years.
Debt Coverage: SAIN's debt is well covered by operating cash flow (20.7%).
Interest Coverage: SAIN's interest payments on its debt are well covered by EBIT (40.8x coverage).