Sypris Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Sypris Solutions has a total shareholder equity of $18.2M and total debt of $11.0M, which brings its debt-to-equity ratio to 60.3%. Its total assets and total liabilities are $121.6M and $103.4M respectively. Sypris Solutions's EBIT is $491.0K making its interest coverage ratio 0.3. It has cash and short-term investments of $8.2M.
Key information
60.3%
Debt to equity ratio
US$10.97m
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$8.22m |
| Equity | US$18.17m |
| Total liabilities | US$103.44m |
| Total assets | US$121.61m |
Recent financial health updates
Sypris Solutions (NASDAQ:SYPR) Has Debt But No Earnings; Should You Worry?
Aug 09
Here's Why Sypris Solutions (NASDAQ:SYPR) Can Manage Its Debt Responsibly
Mar 17These 4 Measures Indicate That Sypris Solutions (NASDAQ:SYPR) Is Using Debt Extensively
Oct 05Is Sypris Solutions (NASDAQ:SYPR) A Risky Investment?
May 12Does Sypris Solutions (NASDAQ:SYPR) Have A Healthy Balance Sheet?
Nov 04Does Sypris Solutions (NASDAQ:SYPR) Have A Healthy Balance Sheet?
Jun 28Recent updates
Revenues Not Telling The Story For Sypris Solutions, Inc. (NASDAQ:SYPR)
Oct 30Sypris Solutions (NASDAQ:SYPR) Has Debt But No Earnings; Should You Worry?
Aug 09Sypris Solutions, Inc.'s (NASDAQ:SYPR) Shares Leap 26% Yet They're Still Not Telling The Full Story
Jun 06Here's Why Shareholders May Want To Be Cautious With Increasing Sypris Solutions, Inc.'s (NASDAQ:SYPR) CEO Pay Packet
May 30Returns On Capital Are Showing Encouraging Signs At Sypris Solutions (NASDAQ:SYPR)
Mar 30Here's Why Sypris Solutions (NASDAQ:SYPR) Can Manage Its Debt Responsibly
Mar 17These 4 Measures Indicate That Sypris Solutions (NASDAQ:SYPR) Is Using Debt Extensively
Oct 05Sypris Solutions unit acquires rapid opening closure product line
Sep 15Sypris Solutions GAAP EPS of -$0.03, revenue of $29M
Aug 16Is Sypris Solutions (NASDAQ:SYPR) A Risky Investment?
May 12Calculating The Intrinsic Value Of Sypris Solutions, Inc. (NASDAQ:SYPR)
Apr 21Sypris: An Interesting Company Trading At Speculative Prices
Mar 12Sypris Solutions: If You Believe Management's FY 2022 Guidance, This Stock Should Double In 2022
Feb 25Investors Will Want Sypris Solutions' (NASDAQ:SYPR) Growth In ROCE To Persist
Feb 23Sypris Solutions, Inc.'s (NASDAQ:SYPR) 26% Share Price Plunge Could Signal Some Risk
Nov 19Does Sypris Solutions (NASDAQ:SYPR) Have A Healthy Balance Sheet?
Nov 04Does Sypris Solutions (NASDAQ:SYPR) Have A Healthy Balance Sheet?
Jun 28Sypris Solutions, Inc.'s (NASDAQ:SYPR) CEO Looks Like They Deserve Their Pay Packet
May 05Sypris Solutions (NASDAQ:SYPR) Is Carrying A Fair Bit Of Debt
Jan 27
Here's Why We Don't Think Sypris Solutions's (NASDAQ:SYPR) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 23What Can We Conclude About Sypris Solutions' (NASDAQ:SYPR) CEO Pay?
Nov 18Sypris Solutions reports Q3 results
Nov 12Financial Position Analysis
Short Term Liabilities: SYPR's short term assets ($99.4M) exceed its short term liabilities ($78.8M).
Long Term Liabilities: SYPR's short term assets ($99.4M) exceed its long term liabilities ($24.6M).
Debt to Equity History and Analysis
Debt Level: SYPR's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: SYPR's debt to equity ratio has increased from 48.2% to 60.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SYPR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SYPR has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 1.8% each year.