Steel Partners Holdings Financial Health
How is Steel Partners Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SPLP's short term assets ($1.7B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: SPLP's short term assets ($1.7B) exceed its long term liabilities ($875.7M).
Debt to Equity History and Analysis
Debt Level: SPLP's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: SPLP's debt to equity ratio has reduced from 59.3% to 52% over the past 5 years.
Debt Coverage: SPLP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPLP's interest payments on its debt are well covered by EBIT (9.2x coverage).