Steel Partners Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Steel Partners Holdings has a total shareholder equity of $1.0B and total debt of $361.4M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are $4.0B and $3.0B respectively. Steel Partners Holdings's EBIT is $165.2M making its interest coverage ratio 9. It has cash and short-term investments of $577.9M.
Key information
35.9%
Debt to equity ratio
US$361.36m
Debt
| Interest coverage ratio | 9x |
| Cash | US$577.93m |
| Equity | US$1.01b |
| Total liabilities | US$2.99b |
| Total assets | US$3.99b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SPLP's short term assets ($2.6B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: SPLP's short term assets ($2.6B) exceed its long term liabilities ($919.9M).
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 134.5% to 35.9% over the past 5 years.
Debt Coverage: SPLP's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: SPLP's interest payments on its debt are well covered by EBIT (9x coverage).