Southland Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Southland Holdings has a total shareholder equity of $260.6M and total debt of $300.4M, which brings its debt-to-equity ratio to 115.3%. Its total assets and total liabilities are $1.2B and $940.5M respectively.
Key information
115.3%
Debt to equity ratio
US$300.36m
Debt
Interest coverage ratio | n/a |
Cash | US$49.18m |
Equity | US$260.56m |
Total liabilities | US$940.50m |
Total assets | US$1.20b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLND's short term assets ($942.5M) exceed its short term liabilities ($584.0M).
Long Term Liabilities: SLND's short term assets ($942.5M) exceed its long term liabilities ($356.5M).
Debt to Equity History and Analysis
Debt Level: SLND's net debt to equity ratio (96.4%) is considered high.
Reducing Debt: Insufficient data to determine if SLND's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SLND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SLND's interest payments on its debt are well covered by EBIT.