Steel Connect Balance Sheet Health
Financial Health criteria checks 6/6
Steel Connect has a total shareholder equity of $394.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $476.8M and $82.4M respectively. Steel Connect's EBIT is $12.2M making its interest coverage ratio -1. It has cash and short-term investments of $233.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -1x |
| Cash | US$233.93m |
| Equity | US$394.31m |
| Total liabilities | US$82.45m |
| Total assets | US$476.76m |
Recent financial health updates
Steel Connect (NASDAQ:STCN) Has A Rock Solid Balance Sheet
Sep 12
Is Steel Connect (NASDAQ:STCN) A Risky Investment?
Feb 24Is Steel Connect (NASDAQ:STCN) Using Too Much Debt?
Jul 21Recent updates
Steel Connect (NASDAQ:STCN) Has A Rock Solid Balance Sheet
Sep 12Is Steel Connect (NASDAQ:STCN) A Risky Investment?
Feb 24Is Steel Connect (NASDAQ:STCN) Using Too Much Debt?
Jul 21Steel Connect's (NASDAQ:STCN) Returns On Capital Are Heading Higher
Mar 13Steel Connect: The $2 Billion King Of NOLs
Aug 31Steel Connect: The Takeover Marches On
Jun 28Financial Position Analysis
Short Term Liabilities: STCN's short term assets ($283.4M) exceed its short term liabilities ($66.4M).
Long Term Liabilities: STCN's short term assets ($283.4M) exceed its long term liabilities ($16.1M).
Debt to Equity History and Analysis
Debt Level: STCN is debt free.
Reducing Debt: STCN has no debt compared to 5 years ago when its debt to equity ratio was 414.5%.
Debt Coverage: STCN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: STCN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Steel Connect, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yogesh Pathak | Virtua Research Inc. |
| Kumarpal Jain | Virtua Research Inc. |