Piper Sandler Companies Balance Sheet Health
Financial Health criteria checks 5/6
Piper Sandler Companies has a total shareholder equity of $1.4B and total debt of $22.9M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are $2.0B and $670.0M respectively.
Key information
1.7%
Debt to equity ratio
US$22.92m
Debt
| Interest coverage ratio | n/a |
| Cash | US$768.21m |
| Equity | US$1.36b |
| Total liabilities | US$670.05m |
| Total assets | US$2.03b |
Recent financial health updates
No updates
Recent updates
Piper Sandler: Signs Of PE Returning To Markets
Oct 14Piper Sandler Companies' (NYSE:PIPR) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 10
There's Reason For Concern Over Piper Sandler Companies' (NYSE:PIPR) Massive 27% Price Jump
Jul 24Piper Sandler: Biotech And ECM Is Back Online
Jun 28Getting In Cheap On Piper Sandler Companies (NYSE:PIPR) Is Unlikely
Jun 05Piper Sandler: Sponsor Activity Actually Grows
Feb 05Piper Sandler Companies' (NYSE:PIPR) Earnings Haven't Escaped The Attention Of Investors
Jan 15Piper Sandler: Not Snapping Back In Advisory
Nov 14Piper Sandler Companies' (NYSE:PIPR) Dividend Will Be $0.60
Nov 02Piper Sandler: Unexpected Banking Weakness
Sep 11Piper Sandler Companies (NYSE:PIPR) Will Pay A Dividend Of $0.60
Jul 31Piper Sandler: Some Pickup From Distress In Financial Services
Jun 20Piper Sandler Companies (NYSE:PIPR) Is Due To Pay A Dividend Of $0.60
May 06Piper Sandler Q4 2022 Earnings Preview
Feb 02Piper Sandler Defends Against Pressure With Mid-Market Niche
Jan 14Financial Position Analysis
Short Term Liabilities: PIPR's short term assets ($1.0B) exceed its short term liabilities ($574.9M).
Long Term Liabilities: PIPR's short term assets ($1.0B) exceed its long term liabilities ($95.2M).
Debt to Equity History and Analysis
Debt Level: PIPR has more cash than its total debt.
Reducing Debt: PIPR's debt to equity ratio has reduced from 7.5% to 1.7% over the past 5 years.
Debt Coverage: PIPR's debt is well covered by operating cash flow (2497.4%).
Interest Coverage: Insufficient data to determine if PIPR's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Piper Sandler Companies is covered by 15 analysts. 4 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 |
|---|---|
| James Mitchell | Buckingham Research Group Inc. |
| Christopher Walsh | Buckingham Research Group Inc. |
| Matthew Fischer | Credit Agricole Securities (USA) Inc. |