Spin Master Balance Sheet Health
Financial Health criteria checks 5/6
Spin Master has a total shareholder equity of $1.3B and total debt of $473.2M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are $2.5B and $1.2B respectively. Spin Master's EBIT is $217.3M making its interest coverage ratio 77.6. It has cash and short-term investments of $205.5M.
Key information
35.2%
Debt to equity ratio
US$473.20m
Debt
Interest coverage ratio | 77.6x |
Cash | US$205.50m |
Equity | US$1.34b |
Total liabilities | US$1.18b |
Total assets | US$2.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNMS.F's short term assets ($886.9M) exceed its short term liabilities ($817.6M).
Long Term Liabilities: SNMS.F's short term assets ($886.9M) exceed its long term liabilities ($360.7M).
Debt to Equity History and Analysis
Debt Level: SNMS.F's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: SNMS.F's debt to equity ratio has increased from 0% to 35.2% over the past 5 years.
Debt Coverage: SNMS.F's debt is well covered by operating cash flow (54%).
Interest Coverage: SNMS.F's interest payments on its debt are well covered by EBIT (77.6x coverage).