Savaria Balance Sheet Health
Financial Health criteria checks 4/6
Savaria has a total shareholder equity of CA$549.0M and total debt of CA$278.0M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are CA$1.1B and CA$552.6M respectively. Savaria's EBIT is CA$79.0M making its interest coverage ratio 3.4. It has cash and short-term investments of CA$54.8M.
Key information
50.6%
Debt to equity ratio
CA$277.98m
Debt
Interest coverage ratio | 3.4x |
Cash | CA$54.76m |
Equity | CA$549.00m |
Total liabilities | CA$552.57m |
Total assets | CA$1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SISX.F's short term assets (CA$337.7M) exceed its short term liabilities (CA$170.5M).
Long Term Liabilities: SISX.F's short term assets (CA$337.7M) do not cover its long term liabilities (CA$382.0M).
Debt to Equity History and Analysis
Debt Level: SISX.F's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: SISX.F's debt to equity ratio has reduced from 51.4% to 50.6% over the past 5 years.
Debt Coverage: SISX.F's debt is well covered by operating cash flow (28.3%).
Interest Coverage: SISX.F's interest payments on its debt are well covered by EBIT (3.4x coverage).