Steel Partners Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Steel Partners Holdings has a total shareholder equity of $1.1B and total debt of $277.3M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are $3.6B and $2.6B respectively. Steel Partners Holdings's EBIT is $204.2M making its interest coverage ratio 27.1. It has cash and short-term investments of $388.1M.
Key information
25.6%
Debt to equity ratio
US$277.30m
Debt
| Interest coverage ratio | 27.1x |
| Cash | US$388.12m |
| Equity | US$1.08b |
| Total liabilities | US$2.55b |
| Total assets | US$3.63b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SPLP's short term assets ($2.3B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: SPLP's short term assets ($2.3B) exceed its long term liabilities ($729.8M).
Debt to Equity History and Analysis
Debt Level: SPLP has more cash than its total debt.
Reducing Debt: SPLP's debt to equity ratio has reduced from 116.4% to 25.6% over the past 5 years.
Debt Coverage: SPLP's debt is well covered by operating cash flow (136.2%).
Interest Coverage: SPLP's interest payments on its debt are well covered by EBIT (27.1x coverage).