Stoneridge Balance Sheet Health
Financial Health criteria checks 2/6
Stoneridge has a total shareholder equity of $277.3M and total debt of $196.5M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are $675.4M and $398.2M respectively. Stoneridge's EBIT is $20.4M making its interest coverage ratio 1.5. It has cash and short-term investments of $48.4M.
Key information
70.9%
Debt to equity ratio
US$196.50m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$48.44m |
| Equity | US$277.26m |
| Total liabilities | US$398.16m |
| Total assets | US$675.41m |
Recent financial health updates
These 4 Measures Indicate That Stoneridge (NYSE:SRI) Is Using Debt Extensively
Jan 26
Here's Why Stoneridge (NYSE:SRI) Has A Meaningful Debt Burden
Aug 04Is Stoneridge (NYSE:SRI) A Risky Investment?
Mar 03Would Stoneridge (NYSE:SRI) Be Better Off With Less Debt?
Oct 19Stoneridge (NYSE:SRI) Is Making Moderate Use Of Debt
Jun 14Stoneridge (NYSE:SRI) Takes On Some Risk With Its Use Of Debt
Jan 13Recent updates
The Returns On Capital At Stoneridge (NYSE:SRI) Don't Inspire Confidence
Apr 17Stoneridge, Inc.'s (NYSE:SRI) Shareholders Might Be Looking For Exit
Mar 05These 4 Measures Indicate That Stoneridge (NYSE:SRI) Is Using Debt Extensively
Jan 26Returns On Capital Signal Difficult Times Ahead For Stoneridge (NYSE:SRI)
Sep 10Here's Why Stoneridge (NYSE:SRI) Has A Meaningful Debt Burden
Aug 04Is Stoneridge (NYSE:SRI) A Risky Investment?
Mar 03Stoneridge appoints former Aptiv executive Jim Zizelman as president, CEO
Jan 31Would Stoneridge (NYSE:SRI) Be Better Off With Less Debt?
Oct 19Stoneridge (NYSE:SRI) Is Making Moderate Use Of Debt
Jun 14Need To Know: Analysts Are Much More Bullish On Stoneridge, Inc. (NYSE:SRI) Revenues
Mar 09Stoneridge (NYSE:SRI) Takes On Some Risk With Its Use Of Debt
Jan 13The Returns On Capital At Stoneridge (NYSE:SRI) Don't Inspire Confidence
Nov 01Does Stoneridge (NYSE:SRI) Have A Healthy Balance Sheet?
Aug 06Stoneridge, Inc.'s (NYSE:SRI) CEO Compensation Looks Acceptable To Us And Here's Why
May 05Stoneridge, Inc. 2021 Q1 - Results - Earnings Call Presentation
Apr 30Does Stoneridge (NYSE:SRI) Have A Healthy Balance Sheet?
Apr 13What Do The Returns On Capital At Stoneridge (NYSE:SRI) Tell Us?
Mar 15Introducing Stoneridge (NYSE:SRI), The Stock That Zoomed 157% In The Last Five Years
Feb 16Stoneridge (NYSE:SRI) Is Carrying A Fair Bit Of Debt
Jan 12
Have Insiders Been Selling Stoneridge, Inc. (NYSE:SRI) Shares?
Dec 08Stoneridge, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 06Stoneridge EPS beats by $0.33, beats on revenue
Oct 28Financial Position Analysis
Short Term Liabilities: SRI's short term assets ($431.3M) exceed its short term liabilities ($180.2M).
Long Term Liabilities: SRI's short term assets ($431.3M) exceed its long term liabilities ($217.9M).
Debt to Equity History and Analysis
Debt Level: SRI's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: SRI's debt to equity ratio has increased from 32.3% to 70.9% over the past 5 years.
Debt Coverage: SRI's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: SRI's interest payments on its debt are not well covered by EBIT (1.5x coverage).