Samsonite International Balance Sheet Health
Financial Health criteria checks 3/6
Samsonite International has a total shareholder equity of $1.5B and total debt of $1.8B, which brings its debt-to-equity ratio to 119.1%. Its total assets and total liabilities are $5.1B and $3.6B respectively. Samsonite International's EBIT is $660.3M making its interest coverage ratio 5.6. It has cash and short-term investments of $730.7M.
Key information
119.1%
Debt to equity ratio
US$1.81b
Debt
Interest coverage ratio | 5.6x |
Cash | US$730.70m |
Equity | US$1.52b |
Total liabilities | US$3.59b |
Total assets | US$5.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMSE.Y's short term assets ($1.8B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: SMSE.Y's short term assets ($1.8B) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: SMSE.Y's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: SMSE.Y's debt to equity ratio has increased from 96.4% to 119.1% over the past 5 years.
Debt Coverage: SMSE.Y's debt is well covered by operating cash flow (29.6%).
Interest Coverage: SMSE.Y's interest payments on its debt are well covered by EBIT (5.6x coverage).