SIG Group Balance Sheet Health
Financial Health criteria checks 2/6
SIG Group has a total shareholder equity of €3.0B and total debt of €2.5B, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are €7.6B and €4.6B respectively. SIG Group's EBIT is €394.3M making its interest coverage ratio 3.3. It has cash and short-term investments of €286.2M.
Key information
83.3%
Debt to equity ratio
€2.49b
Debt
| Interest coverage ratio | 3.3x |
| Cash | €286.20m |
| Equity | €2.99b |
| Total liabilities | €4.61b |
| Total assets | €7.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIGNZ's short term assets (€1.2B) do not cover its short term liabilities (€2.1B).
Long Term Liabilities: SIGNZ's short term assets (€1.2B) do not cover its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: SIGNZ's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: SIGNZ's debt to equity ratio has increased from 82.9% to 83.3% over the past 5 years.
Debt Coverage: SIGNZ's debt is well covered by operating cash flow (30.1%).
Interest Coverage: SIGNZ's interest payments on its debt are well covered by EBIT (3.3x coverage).