Sterling Investments Balance Sheet Health
Financial Health criteria checks 4/6
Sterling Investments has a total shareholder equity of JMD1.4B and total debt of JMD345.5M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are JMD1.8B and JMD372.5M respectively. Sterling Investments's EBIT is JMD40.7M making its interest coverage ratio 1.1. It has cash and short-term investments of JMD1.8B.
Key information
24.2%
Debt to equity ratio
JA$345.52m
Debt
| Interest coverage ratio | 1.1x |
| Cash | JA$1.76b |
| Equity | JA$1.43b |
| Total liabilities | JA$372.54m |
| Total assets | JA$1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIL's short term assets (JMD1.8B) exceed its short term liabilities (JMD362.3M).
Long Term Liabilities: SIL's short term assets (JMD1.8B) exceed its long term liabilities (JMD10.2M).
Debt to Equity History and Analysis
Debt Level: SIL has more cash than its total debt.
Reducing Debt: SIL's debt to equity ratio has reduced from 26.4% to 24.2% over the past 5 years.
Debt Coverage: SIL's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: SIL's interest payments on its debt are not well covered by EBIT (1.1x coverage).