Spectrum Brands Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Spectrum Brands Holdings has a total shareholder equity of $1.2B and total debt of $3.1B, which brings its debt-to-equity ratio to 260.5%. Its total assets and total liabilities are $5.8B and $4.6B respectively. Spectrum Brands Holdings's EBIT is $43.6M making its interest coverage ratio 0.4. It has cash and short-term investments of $327.8M.
Key information
260.5%
Debt to equity ratio
US$3.10b
Debt
Interest coverage ratio | 0.4x |
Cash | US$327.80m |
Equity | US$1.19b |
Total liabilities | US$4.60b |
Total assets | US$5.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPB *'s short term assets ($3.2B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: SPB *'s short term assets ($3.2B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: SPB *'s net debt to equity ratio (232.9%) is considered high.
Reducing Debt: SPB *'s debt to equity ratio has reduced from 393.5% to 260.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SPB * has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SPB * is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 26.4% per year.