Samsonite International Balance Sheet Health
Financial Health criteria checks 3/6
Samsonite International has a total shareholder equity of $1.5B and total debt of $1.8B, which brings its debt-to-equity ratio to 117.3%. Its total assets and total liabilities are $5.2B and $3.6B respectively. Samsonite International's EBIT is $658.0M making its interest coverage ratio 5.8. It has cash and short-term investments of $815.5M.
Key information
117.3%
Debt to equity ratio
US$1.81b
Debt
| Interest coverage ratio | 5.8x |
| Cash | US$815.50m |
| Equity | US$1.55b |
| Total liabilities | US$3.63b |
| Total assets | US$5.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1910's short term assets ($1.9B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: 1910's short term assets ($1.9B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: 1910's net debt to equity ratio (64.5%) is considered high.
Reducing Debt: 1910's debt to equity ratio has increased from 100% to 117.3% over the past 5 years.
Debt Coverage: 1910's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 1910's interest payments on its debt are well covered by EBIT (5.8x coverage).