Scales Balance Sheet Health
Financial Health criteria checks 6/6
Scales has a total shareholder equity of NZ$384.9M and total debt of NZ$65.6M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are NZ$581.7M and NZ$196.7M respectively. Scales's EBIT is NZ$37.1M making its interest coverage ratio 8.6. It has cash and short-term investments of NZ$78.4M.
Key information
17.1%
Debt to equity ratio
NZ$65.65m
Debt
| Interest coverage ratio | 8.6x |
| Cash | NZ$78.41m |
| Equity | NZ$384.95m |
| Total liabilities | NZ$196.71m |
| Total assets | NZ$581.66m |
Recent financial health updates
Scales (NZSE:SCL) Has A Pretty Healthy Balance Sheet
Oct 30
Is Scales (NZSE:SCL) A Risky Investment?
Dec 14Is Scales (NZSE:SCL) A Risky Investment?
Mar 14Recent updates
Scales (NZSE:SCL) Has A Pretty Healthy Balance Sheet
Oct 30Scales' (NZSE:SCL) Dividend Will Be NZ$0.1118
Jun 22Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118
Jun 08Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118
May 17Is Scales (NZSE:SCL) A Risky Investment?
Dec 14Estimating The Fair Value Of Scales Corporation Limited (NZSE:SCL)
May 07Is Scales (NZSE:SCL) A Risky Investment?
Mar 14Scales Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models
Mar 01Does Scales Corporation Limited (NZSE:SCL) Have A Place In Your Dividend Stock Portfolio?
Feb 16
Scales Corporation Limited (NZSE:SCL) Stock's On A Decline: Are Poor Fundamentals The Cause?
Jan 29It Might Not Be A Great Idea To Buy Scales Corporation Limited (NZSE:SCL) For Its Next Dividend
Dec 31Here's What Scales Corporation Limited's (NZSE:SCL) Shareholder Ownership Structure Looks Like
Dec 24Did You Participate In Any Of Scales' (NZSE:SCL) Fantastic 187% Return ?
Nov 26Financial Position Analysis
Short Term Liabilities: SCL's short term assets (NZ$179.7M) exceed its short term liabilities (NZ$62.6M).
Long Term Liabilities: SCL's short term assets (NZ$179.7M) exceed its long term liabilities (NZ$134.1M).
Debt to Equity History and Analysis
Debt Level: SCL has more cash than its total debt.
Reducing Debt: SCL's debt to equity ratio has reduced from 29.3% to 17.1% over the past 5 years.
Debt Coverage: SCL's debt is well covered by operating cash flow (98.6%).
Interest Coverage: SCL's interest payments on its debt are well covered by EBIT (8.6x coverage).