Sterling Investments Balance Sheet Health
Financial Health criteria checks 3/6
Sterling Investments has a total shareholder equity of JMD1.4B and total debt of JMD430.2M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are JMD1.8B and JMD454.6M respectively. Sterling Investments's EBIT is JMD62.2M making its interest coverage ratio 1.8. It has cash and short-term investments of JMD123.6M.
Key information
31.4%
Debt to equity ratio
JA$430.16m
Debt
Interest coverage ratio | 1.8x |
Cash | JA$123.57m |
Equity | JA$1.37b |
Total liabilities | JA$454.60m |
Total assets | JA$1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIL's short term assets (JMD168.8M) do not cover its short term liabilities (JMD454.6M).
Long Term Liabilities: SIL's short term assets (JMD168.8M) exceed its long term liabilities (JMD10.0K).
Debt to Equity History and Analysis
Debt Level: SIL's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: SIL's debt to equity ratio has reduced from 39.8% to 31.4% over the past 5 years.
Debt Coverage: SIL's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: SIL's interest payments on its debt are not well covered by EBIT (1.8x coverage).