Scott Technology Balance Sheet Health
Financial Health criteria checks 5/6
Scott Technology has a total shareholder equity of NZ$113.9M and total debt of NZ$21.5M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are NZ$253.1M and NZ$139.2M respectively. Scott Technology's EBIT is NZ$21.0M making its interest coverage ratio 12.5. It has cash and short-term investments of NZ$21.4M.
Key information
18.9%
Debt to equity ratio
NZ$21.51m
Debt
| Interest coverage ratio | 12.5x |
| Cash | NZ$21.43m |
| Equity | NZ$113.90m |
| Total liabilities | NZ$139.16m |
| Total assets | NZ$253.05m |
Recent financial health updates
These 4 Measures Indicate That Scott Technology (NZSE:SCT) Is Using Debt Safely
Jun 19
Scott Technology (NZSE:SCT) Has A Rock Solid Balance Sheet
Jun 15Scott Technology (NZSE:SCT) Has A Pretty Healthy Balance Sheet
May 08Would Scott Technology (NZSE:SCT) Be Better Off With Less Debt?
Jan 14Recent updates
Scott Technology (NZSE:SCT) Is Increasing Its Dividend To NZ$0.0544
Apr 22Slowing Rates Of Return At Scott Technology (NZSE:SCT) Leave Little Room For Excitement
Dec 25Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04
Oct 21These 4 Measures Indicate That Scott Technology (NZSE:SCT) Is Using Debt Safely
Jun 19Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04
Apr 17Scott Technology (NZSE:SCT) Is Paying Out A Dividend Of NZ$0.04
Oct 21Scott Technology (NZSE:SCT) Has A Rock Solid Balance Sheet
Jun 15Scott Technology's (NZSE:SCT) Earnings Are Weaker Than They Seem
Apr 14Scott Technology (NZSE:SCT) Has A Pretty Healthy Balance Sheet
May 08Is Scott Technology Limited (NZSE:SCT) Popular Amongst Insiders?
Feb 22Would Scott Technology (NZSE:SCT) Be Better Off With Less Debt?
Jan 14Scott Technology's (NZSE:SCT) Stock Price Has Reduced 46% In The Past Three Years
Dec 09
Financial Position Analysis
Short Term Liabilities: SCT's short term assets (NZ$150.0M) exceed its short term liabilities (NZ$117.4M).
Long Term Liabilities: SCT's short term assets (NZ$150.0M) exceed its long term liabilities (NZ$21.7M).
Debt to Equity History and Analysis
Debt Level: SCT's net debt to equity ratio (0.07%) is considered satisfactory.
Reducing Debt: SCT's debt to equity ratio has increased from 7% to 18.9% over the past 5 years.
Debt Coverage: SCT's debt is well covered by operating cash flow (94%).
Interest Coverage: SCT's interest payments on its debt are well covered by EBIT (12.5x coverage).