Scales Balance Sheet Health
Financial Health criteria checks 5/6
Scales has a total shareholder equity of NZ$403.7M and total debt of NZ$121.8M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are NZ$739.8M and NZ$336.1M respectively. Scales's EBIT is NZ$57.7M making its interest coverage ratio 12.7. It has cash and short-term investments of NZ$40.7M.
Key information
30.2%
Debt to equity ratio
NZ$121.77m
Debt
| Interest coverage ratio | 12.7x |
| Cash | NZ$40.68m |
| Equity | NZ$403.71m |
| Total liabilities | NZ$336.11m |
| Total assets | NZ$739.81m |
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) Solid Earnings May Rest On Weak Foundations
Sep 04Scales (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$300.6M) exceed its short term liabilities (NZ$158.6M).
Long Term Liabilities: SCL's short term assets (NZ$300.6M) exceed its long term liabilities (NZ$177.5M).
Debt to Equity History and Analysis
Debt Level: SCL's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: SCL's debt to equity ratio has increased from 18.4% to 30.2% over the past 5 years.
Debt Coverage: SCL's debt is well covered by operating cash flow (70.7%).
Interest Coverage: SCL's interest payments on its debt are well covered by EBIT (12.7x coverage).