Saia Balance Sheet Health
Financial Health criteria checks 5/6
Saia has a total shareholder equity of $2.2B and total debt of $183.0M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are $3.1B and $850.6M respectively. Saia's EBIT is $494.2M making its interest coverage ratio 175.4. It has cash and short-term investments of $14.4M.
Key information
8.2%
Debt to equity ratio
US$183.00m
Debt
| Interest coverage ratio | 175.4x |
| Cash | US$14.41m |
| Equity | US$2.23b |
| Total liabilities | US$850.64m |
| Total assets | US$3.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAIA *'s short term assets ($437.3M) exceed its short term liabilities ($346.7M).
Long Term Liabilities: SAIA *'s short term assets ($437.3M) do not cover its long term liabilities ($504.0M).
Debt to Equity History and Analysis
Debt Level: SAIA *'s net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: SAIA *'s debt to equity ratio has reduced from 8.8% to 8.2% over the past 5 years.
Debt Coverage: SAIA *'s debt is well covered by operating cash flow (317.3%).
Interest Coverage: SAIA *'s interest payments on its debt are well covered by EBIT (175.4x coverage).