Servotronics Balance Sheet Health
Financial Health criteria checks 3/6
Servotronics has a total shareholder equity of $24.5M and total debt of $2.1M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are $36.6M and $12.1M respectively.
Key information
8.6%
Debt to equity ratio
US$2.10m
Debt
Interest coverage ratio | n/a |
Cash | US$95.00k |
Equity | US$24.49m |
Total liabilities | US$12.09m |
Total assets | US$36.59m |
Financial Position Analysis
Short Term Liabilities: SVT's short term assets ($29.6M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: SVT's short term assets ($29.6M) exceed its long term liabilities ($4.2M).
Debt to Equity History and Analysis
Debt Level: SVT's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: SVT's debt to equity ratio has increased from 7.7% to 8.6% over the past 5 years.
Debt Coverage: SVT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SVT's interest payments on its debt are well covered by EBIT.