Shyft Group Balance Sheet Health
Financial Health criteria checks 4/6
Shyft Group has a total shareholder equity of $252.7M and total debt of $141.6M, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are $569.4M and $316.8M respectively. Shyft Group's EBIT is $660.0K making its interest coverage ratio 0.1. It has cash and short-term investments of $21.4M.
Key information
56.0%
Debt to equity ratio
US$141.59m
Debt
| Interest coverage ratio | 0.08x |
| Cash | US$21.44m |
| Equity | US$252.66m |
| Total liabilities | US$316.77m |
| Total assets | US$569.43m |
Recent financial health updates
We Think Shyft Group (NASDAQ:SHYF) Can Stay On Top Of Its Debt
Oct 20
Shyft Group (NASDAQ:SHYF) Seems To Use Debt Quite Sensibly
Jul 10Shyft Group (NASDAQ:SHYF) Has A Pretty Healthy Balance Sheet
Mar 12Recent updates
Shyft Group (NASDAQ:SHYF) Will Pay A Dividend Of $0.05
Nov 03Shyft Group (NASDAQ:SHYF) Has Affirmed Its Dividend Of $0.05
May 09Shyft Group (NASDAQ:SHYF) Could Be Struggling To Allocate Capital
May 03Why The Shyft Group, Inc. (NASDAQ:SHYF) Could Be Worth Watching
Apr 17Investors Aren't Buying The Shyft Group, Inc.'s (NASDAQ:SHYF) Revenues
Mar 20Artko Capital - Shyft Group: A Shiny Diamond That Has Multiples Of Upside
Mar 07Shyft Group (NASDAQ:SHYF) Will Pay A Dividend Of $0.05
Feb 04The Shyft Group: Great Long-Term Upside Potential, But Short-Term Risks Remain
Jan 19Shyft Group (NASDAQ:SHYF) Is Paying Out A Dividend Of $0.05
Nov 08Analysts Are More Bearish On The Shyft Group, Inc. (NASDAQ:SHYF) Than They Used To Be
Oct 27We Think Shyft Group (NASDAQ:SHYF) Can Stay On Top Of Its Debt
Oct 20Shyft Group (NASDAQ:SHYF) Has Affirmed Its Dividend Of $0.05
Aug 08The Shyft Group, Inc. (NASDAQ:SHYF) Analysts Are Reducing Their Forecasts For This Year
Aug 01Shyft Group (NASDAQ:SHYF) Seems To Use Debt Quite Sensibly
Jul 10When Should You Buy The Shyft Group, Inc. (NASDAQ:SHYF)?
May 17Returns At Shyft Group (NASDAQ:SHYF) Appear To Be Weighed Down
Apr 28Shyft Group (NASDAQ:SHYF) Has A Pretty Healthy Balance Sheet
Mar 12Financial Position Analysis
Short Term Liabilities: SHYF's short term assets ($299.8M) exceed its short term liabilities ($165.1M).
Long Term Liabilities: SHYF's short term assets ($299.8M) exceed its long term liabilities ($151.6M).
Debt to Equity History and Analysis
Debt Level: SHYF's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: SHYF's debt to equity ratio has reduced from 62.9% to 56% over the past 5 years.
Debt Coverage: SHYF's debt is well covered by operating cash flow (20.2%).
Interest Coverage: SHYF's interest payments on its debt are not well covered by EBIT (0.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 12:30 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
The Shyft Group, Inc. is covered by 10 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.
| Analyst | Institution |
|---|---|
| Walter Liptak | Barrington Research Associates, Inc. |
| Gregory Lewis | BTIG |
| Michael Shlisky | Colliers Securities |