Saras Balance Sheet Health
Financial Health criteria checks 5/6
Saras has a total shareholder equity of €1.3B and total debt of €519.9M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are €4.1B and €2.9B respectively. Saras's EBIT is €503.1M making its interest coverage ratio 12.5. It has cash and short-term investments of €653.6M.
Key information
40.2%
Debt to equity ratio
€519.87m
Debt
| Interest coverage ratio | 12.5x |
| Cash | €653.59m |
| Equity | €1.29b |
| Total liabilities | €2.85b |
| Total assets | €4.15b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRSM's short term assets (€2.8B) exceed its short term liabilities (€2.2B).
Long Term Liabilities: SRSM's short term assets (€2.8B) exceed its long term liabilities (€696.2M).
Debt to Equity History and Analysis
Debt Level: SRSM has more cash than its total debt.
Reducing Debt: SRSM's debt to equity ratio has increased from 27.7% to 40.2% over the past 5 years.
Debt Coverage: SRSM's debt is well covered by operating cash flow (97.2%).
Interest Coverage: SRSM's interest payments on its debt are well covered by EBIT (12.5x coverage).