Stoneridge Balance Sheet Health
Financial Health criteria checks 2/6
Stoneridge has a total shareholder equity of $271.4M and total debt of $196.3M, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are $662.5M and $391.2M respectively. Stoneridge's EBIT is $12.4M making its interest coverage ratio 0.8. It has cash and short-term investments of $54.1M.
Key information
72.4%
Debt to equity ratio
US$196.32m
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$54.14m |
| Equity | US$271.35m |
| Total liabilities | US$391.17m |
| Total assets | US$662.52m |
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
Some Stoneridge, Inc. (NYSE:SRI) Shareholders Look For Exit As Shares Take 34% Pounding
Nov 01Stoneridge (NYSE:SRI) Is Finding It Tricky To Allocate Its Capital
Oct 02We Like Stoneridge's (NYSE:SRI) Earnings For More Than Just Statutory Profit
Aug 07The 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
Financial Position Analysis
Short Term Liabilities: SRI's short term assets ($414.4M) exceed its short term liabilities ($169.9M).
Long Term Liabilities: SRI's short term assets ($414.4M) exceed its long term liabilities ($221.3M).
Debt to Equity History and Analysis
Debt Level: SRI's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: SRI's debt to equity ratio has increased from 40.4% to 72.4% over the past 5 years.
Debt Coverage: SRI's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: SRI's interest payments on its debt are not well covered by EBIT (0.8x coverage).