SLM Balance Sheet Health
Financial Health criteria checks 2/6
SLM has a total shareholder equity of $1.8B and total debt of $5.2B, which brings its debt-to-equity ratio to 288.6%. Its total assets and total liabilities are $27.7B and $25.9B respectively.
Key information
288.6%
Debt to equity ratio
US$5.21b
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.93b |
| Equity | US$1.81b |
| Total liabilities | US$25.90b |
| Total assets | US$27.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLM *'s short term assets ($24.9B) exceed its short term liabilities ($20.4B).
Long Term Liabilities: SLM *'s short term assets ($24.9B) exceed its long term liabilities ($5.5B).
Debt to Equity History and Analysis
Debt Level: SLM *'s net debt to equity ratio (71.2%) is considered high.
Reducing Debt: SLM *'s debt to equity ratio has increased from 154.5% to 288.6% over the past 5 years.
Debt Coverage: SLM *'s operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SLM *'s interest payments on its debt are well covered by EBIT.