Saia Balance Sheet Health
Financial Health criteria checks 5/6
Saia has a total shareholder equity of $2.1B and total debt of $167.0M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are $3.0B and $821.0M respectively. Saia's EBIT is $497.5M making its interest coverage ratio -236.6. It has cash and short-term investments of $11.2M.
Key information
7.8%
Debt to equity ratio
US$167.00m
Debt
| Interest coverage ratio | -236.6x |
| Cash | US$11.17m |
| Equity | US$2.14b |
| Total liabilities | US$821.04m |
| Total assets | US$2.96b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SAIA *'s short term assets ($446.1M) exceed its short term liabilities ($327.8M).
Long Term Liabilities: SAIA *'s short term assets ($446.1M) do not cover its long term liabilities ($493.2M).
Debt to Equity History and Analysis
Debt Level: SAIA *'s net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: SAIA *'s debt to equity ratio has reduced from 10.7% to 7.8% over the past 5 years.
Debt Coverage: SAIA *'s debt is well covered by operating cash flow (313.6%).
Interest Coverage: SAIA * earns more interest than it pays, so coverage of interest payments is not a concern.