SIT Balance Sheet Health
Financial Health criteria checks 4/6
SIT has a total shareholder equity of €165.6M and total debt of €168.8M, which brings its debt-to-equity ratio to 101.9%. Its total assets and total liabilities are €475.0M and €309.3M respectively. SIT's EBIT is €8.6M making its interest coverage ratio -0.6. It has cash and short-term investments of €24.5M.
Key information
101.9%
Debt to equity ratio
€168.83m
Debt
| Interest coverage ratio | -0.6x |
| Cash | €24.53m |
| Equity | €165.65m |
| Total liabilities | €309.34m |
| Total assets | €474.99m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SITM's short term assets (€211.4M) exceed its short term liabilities (€133.3M).
Long Term Liabilities: SITM's short term assets (€211.4M) exceed its long term liabilities (€176.0M).
Debt to Equity History and Analysis
Debt Level: SITM's net debt to equity ratio (87.1%) is considered high.
Reducing Debt: SITM's debt to equity ratio has reduced from 128.5% to 101.9% over the past 5 years.
Debt Coverage: SITM's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: SITM earns more interest than it pays, so coverage of interest payments is not a concern.