SITC International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
SITC International Holdings has a total shareholder equity of $1.9B and total debt of $169.0M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are $2.7B and $721.4M respectively. SITC International Holdings's EBIT is $482.9M making its interest coverage ratio -38.1. It has cash and short-term investments of $454.5M.
Key information
8.8%
Debt to equity ratio
US$169.03m
Debt
Interest coverage ratio | -38.1x |
Cash | US$454.49m |
Equity | US$1.93b |
Total liabilities | US$721.41m |
Total assets | US$2.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1308's short term assets ($626.6M) exceed its short term liabilities ($503.0M).
Long Term Liabilities: 1308's short term assets ($626.6M) exceed its long term liabilities ($218.4M).
Debt to Equity History and Analysis
Debt Level: 1308 has more cash than its total debt.
Reducing Debt: 1308's debt to equity ratio has reduced from 30% to 8.8% over the past 5 years.
Debt Coverage: 1308's debt is well covered by operating cash flow (397.7%).
Interest Coverage: 1308 earns more interest than it pays, so coverage of interest payments is not a concern.