Piper Sandler Companies Balance Sheet Health

Financial Health criteria checks 4/6

Piper Sandler Companies has a total shareholder equity of $1.3B and total debt of $127.9M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are $2.1B and $841.5M respectively.

Key information

9.8%

Debt to equity ratio

US$127.92m

Debt

Interest coverage ration/a
CashUS$817.66m
EquityUS$1.30b
Total liabilitiesUS$841.51m
Total assetsUS$2.14b

Recent financial health updates

No updates

Recent updates

Piper Sandler: Sponsor Activity Actually Grows

Feb 05

Piper Sandler Companies' (NYSE:PIPR) Earnings Haven't Escaped The Attention Of Investors

Jan 15
Piper Sandler Companies' (NYSE:PIPR) Earnings Haven't Escaped The Attention Of Investors

Piper Sandler: Not Snapping Back In Advisory

Nov 14

Piper Sandler Companies' (NYSE:PIPR) Dividend Will Be $0.60

Nov 02
Piper Sandler Companies' (NYSE:PIPR) Dividend Will Be $0.60

Piper Sandler: Unexpected Banking Weakness

Sep 11

Piper Sandler Companies (NYSE:PIPR) Will Pay A Dividend Of $0.60

Jul 31
Piper Sandler Companies (NYSE:PIPR) Will Pay A Dividend Of $0.60

Piper Sandler: Some Pickup From Distress In Financial Services

Jun 20

Piper Sandler Companies (NYSE:PIPR) Is Due To Pay A Dividend Of $0.60

May 06
Piper Sandler Companies (NYSE:PIPR) Is Due To Pay A Dividend Of $0.60

Piper Sandler Q4 2022 Earnings Preview

Feb 02

Piper Sandler Defends Against Pressure With Mid-Market Niche

Jan 14

Piper Sandler declares $0.60 dividend

Oct 28

Piper Sandler Is A Fair Volatility Bet

Aug 24

Piper Sandler GAAP EPS of $1.26 beats by $0.14, revenue of $352.2M beats by $21.83M

Jul 29

Piper Sandler to acquire tech-focused investment banker DBO Partners

Jul 06

Piper Sandler Delivers Respectable Quarter On Sponsor And S&T Strength

May 25

Do Piper Sandler Companies's (NYSE:PIPR) Earnings Warrant Your Attention?

May 10
Do Piper Sandler Companies's (NYSE:PIPR) Earnings Warrant Your Attention?

Financial Position Analysis

Short Term Liabilities: PIPR's short term assets ($1.1B) exceed its short term liabilities ($747.8M).

Long Term Liabilities: PIPR's short term assets ($1.1B) exceed its long term liabilities ($93.7M).


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 increased from 7.8% to 9.8% over the past 5 years.

Debt Coverage: PIPR's debt is well covered by operating cash flow (215.5%).

Interest Coverage: Insufficient data to determine if PIPR's interest payments on its debt are well covered by EBIT.


Balance Sheet


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