Steelcase Financial Health

How is Steelcase's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SCS's short term assets ($914.5M) exceed its short term liabilities ($679.1M).

Long Term Liabilities: SCS's short term assets ($914.5M) exceed its long term liabilities ($779.7M).


Debt to Equity History and Analysis

Debt Level: SCS's net debt to equity ratio (56.9%) is considered high.

Reducing Debt: SCS's debt to equity ratio has increased from 36.3% to 63.7% over the past 5 years.

Debt Coverage: SCS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SCS's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


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