Sezzle Balance Sheet Health
Financial Health criteria checks 2/6
Sezzle has a total shareholder equity of $22.1M and total debt of $94.6M, which brings its debt-to-equity ratio to 428.3%. Its total assets and total liabilities are $212.6M and $190.6M respectively. Sezzle's EBIT is $45.4M making its interest coverage ratio 2.8. It has cash and short-term investments of $67.6M.
Key information
428.3%
Debt to equity ratio
US$94.63m
Debt
Interest coverage ratio | 2.8x |
Cash | US$67.62m |
Equity | US$22.09m |
Total liabilities | US$190.55m |
Total assets | US$212.65m |
Financial Position Analysis
Short Term Liabilities: SEZL's short term assets ($209.0M) exceed its short term liabilities ($187.3M).
Long Term Liabilities: SEZL's short term assets ($209.0M) exceed its long term liabilities ($3.3M).
Debt to Equity History and Analysis
Debt Level: SEZL's net debt to equity ratio (122.2%) is considered high.
Reducing Debt: SEZL's debt to equity ratio has increased from 82.9% to 428.3% over the past 5 years.
Debt Coverage: SEZL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SEZL's interest payments on its debt are not well covered by EBIT (2.8x coverage).