The Shyft Group, Inc.

NasdaqGS:SHYF Stock Report

Market Cap: US$367.2m

Shyft Group Balance Sheet Health

Financial Health criteria checks 2/6

Shyft Group has a total shareholder equity of $247.3M and total debt of $150.5M, which brings its debt-to-equity ratio to 60.8%. Its total assets and total liabilities are $581.1M and $333.8M respectively. Shyft Group's EBIT is $7.8M making its interest coverage ratio 0.9. It has cash and short-term investments of $16.2M.

Key information

60.84%

Debt to equity ratio

US$150.47m

Debt

Interest coverage ratio0.9x
CashUS$16.17m
EquityUS$247.33m
Total liabilitiesUS$333.76m
Total assetsUS$581.08m

Recent financial health updates

We Think Shyft Group (NASDAQ:SHYF) Can Stay On Top Of Its Debt

Oct 20
We Think Shyft Group (NASDAQ:SHYF) Can Stay On Top Of Its Debt

Shyft Group (NASDAQ:SHYF) Seems To Use Debt Quite Sensibly

Jul 10
Shyft Group (NASDAQ:SHYF) Seems To Use Debt Quite Sensibly

Recent updates

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Last-Mile Delivery And Fleet Electrification Will Shape Future Markets

Focus on electric vehicle innovation and tailored platforms boosts margins and differentiates Shyft amid growing last-mile delivery demand.

The Shyft Group: After Roaring Higher, Shares Can Achieve More Upside

Apr 25

Shyft Group (NASDAQ:SHYF) Will Pay A Dividend Of $0.05

Nov 03
Shyft Group (NASDAQ:SHYF) Will Pay A Dividend Of $0.05

Shyft Group (NASDAQ:SHYF) Has Affirmed Its Dividend Of $0.05

May 09
Shyft Group (NASDAQ:SHYF) Has Affirmed Its Dividend Of $0.05

Shyft Group (NASDAQ:SHYF) Could Be Struggling To Allocate Capital

May 03
Shyft Group (NASDAQ:SHYF) Could Be Struggling To Allocate Capital

Why The Shyft Group, Inc. (NASDAQ:SHYF) Could Be Worth Watching

Apr 17
Why The Shyft Group, Inc. (NASDAQ:SHYF) Could Be Worth Watching

Investors Aren't Buying The Shyft Group, Inc.'s (NASDAQ:SHYF) Revenues

Mar 20
Investors Aren't Buying The Shyft Group, Inc.'s (NASDAQ:SHYF) Revenues

Artko Capital - Shyft Group: A Shiny Diamond That Has Multiples Of Upside

Mar 07

Shyft Group (NASDAQ:SHYF) Will Pay A Dividend Of $0.05

Feb 04
Shyft Group (NASDAQ:SHYF) Will Pay A Dividend Of $0.05

The Shyft Group: Great Long-Term Upside Potential, But Short-Term Risks Remain

Jan 19

Shyft Group (NASDAQ:SHYF) Is Paying Out A Dividend Of $0.05

Nov 08
Shyft Group (NASDAQ:SHYF) Is Paying Out A Dividend Of $0.05

Analysts Are More Bearish On The Shyft Group, Inc. (NASDAQ:SHYF) Than They Used To Be

Oct 27
Analysts Are More Bearish On The Shyft Group, Inc. (NASDAQ:SHYF) Than They Used To Be

We Think Shyft Group (NASDAQ:SHYF) Can Stay On Top Of Its Debt

Oct 20
We Think Shyft Group (NASDAQ:SHYF) Can Stay On Top Of Its Debt

Shyft Group (NASDAQ:SHYF) Has Affirmed Its Dividend Of $0.05

Aug 08
Shyft Group (NASDAQ:SHYF) Has Affirmed Its Dividend Of $0.05

The Shyft Group, Inc. (NASDAQ:SHYF) Analysts Are Reducing Their Forecasts For This Year

Aug 01
The Shyft Group, Inc. (NASDAQ:SHYF) Analysts Are Reducing Their Forecasts For This Year

Shyft Group (NASDAQ:SHYF) Seems To Use Debt Quite Sensibly

Jul 10
Shyft Group (NASDAQ:SHYF) Seems To Use Debt Quite Sensibly

Financial Position Analysis

Short Term Liabilities: SHYF's short term assets ($313.4M) exceed its short term liabilities ($182.2M).

Long Term Liabilities: SHYF's short term assets ($313.4M) exceed its long term liabilities ($151.5M).

Debt to Equity History and Analysis

Debt Level: SHYF's net debt to equity ratio (54.3%) is considered high.

Reducing Debt: SHYF's debt to equity ratio has increased from 45.7% to 60.8% over the past 5 years.

Debt Coverage: SHYF's debt is not well covered by operating cash flow (19.6%).

Interest Coverage: SHYF's interest payments on its debt are not well covered by EBIT (0.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/02 14:15
End of Day Share Price 2025/06/02 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Shyft Group, Inc. is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Walter LiptakBarrington Research Associates, Inc.
Gregory LewisBTIG
Michael ShliskyColliers Securities