SFL Balance Sheet Health
Financial Health criteria checks 1/6
SFL has a total shareholder equity of $1.1B and total debt of $1.5B, which brings its debt-to-equity ratio to 142.2%. Its total assets and total liabilities are $3.8B and $2.7B respectively. SFL's EBIT is $267.1M making its interest coverage ratio 1.8. It has cash and short-term investments of $172.5M.
Key information
142.2%
Debt to equity ratio
US$1.49b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$172.54m |
| Equity | US$1.05b |
| Total liabilities | US$2.73b |
| Total assets | US$3.78b |
Recent financial health updates
Does SFL (NYSE:SFL) Have A Healthy Balance Sheet?
Dec 22
SFL (NYSE:SFL) Has A Somewhat Strained Balance Sheet
May 05SFL (NYSE:SFL) Has A Somewhat Strained Balance Sheet
Sep 02SFL (NYSE:SFL) Seems To Be Using A Lot Of Debt
Mar 16Recent updates
Returns On Capital Are Showing Encouraging Signs At SFL (NYSE:SFL)
Jun 15With SFL Corporation Ltd. (NYSE:SFL) It Looks Like You'll Get What You Pay For
Apr 27SFL Corporation: Outperforming 8%-Yielding Shipping Stock
Apr 18SFL's (NYSE:SFL) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 02SFL's (NYSE:SFL) Dividend Will Be Increased To $0.26
Feb 17SFL Corporation On Auto-Pilot In Our Portfolio
Feb 01SFL Corporation Ltd.'s (NYSE:SFL) Shareholders Might Be Looking For Exit
Jan 09SFL: Start 2024 With 30% Returns For This Undervalued Shipper
Jan 02Does SFL (NYSE:SFL) Have A Healthy Balance Sheet?
Dec 228.8%-Yielding SFL Corporation Has More Dividend Hikes In Store
Dec 07SFL (NYSE:SFL) Is Increasing Its Dividend To $0.25
Nov 11SFL Corporation: 9% Yield, Stronger Earnings Ahead
Oct 08SFL (NYSE:SFL) Is Experiencing Growth In Returns On Capital
Oct 05SFL Corporation: Buy On Prospects For Major Dividend Hike
Sep 22SFL (NYSE:SFL) Will Pay A Dividend Of $0.24
Sep 05SFL Corporation: Return Of The Income Juggernaut, Notable Upside Ahead
Aug 24SFL (NYSE:SFL) Is Due To Pay A Dividend Of $0.24
Aug 20SFL Offers A Herculean Dividend
Aug 15SFL Corporation: Buy The 10.5% Yield Before A Potential Rebound
Jun 29SFL (NYSE:SFL) Shareholders Will Want The ROCE Trajectory To Continue
Jun 08SFL (NYSE:SFL) Has A Somewhat Strained Balance Sheet
May 05SFL (NYSE:SFL) Is Experiencing Growth In Returns On Capital
Feb 17SFL GAAP EPS of $0.38 beats by $0.10, revenue of $197.8M beats by $24.2M
Feb 15We Put To Rest Our Concern About SFL's Large Container Fleet
Jan 26SFL Corporation: A Sustainable ~10% Yield, Covered By Long-Term Contracts
Jan 12SFL declares $0.23 dividend
Nov 14SFL Corporation: Great Company To Own At A Lower Price
Sep 27SFL (NYSE:SFL) Is Experiencing Growth In Returns On Capital
Sep 23SFL goes ex-dividend tomorrow
Sep 13SFL (NYSE:SFL) Has A Somewhat Strained Balance Sheet
Sep 02SFL Q2 2022 Earnings Preview
Aug 16SFL Corporation: A Preview Of Q2 Earnings
Aug 05SFL (NYSE:SFL) Hasn't Managed To Accelerate Its Returns
Jun 10SFL Corp.: A 10% Dividend Increase This Quarter
May 18SFL Corp.: Up 20% In 6 Months, But Still Presents Good Value
Mar 18SFL (NYSE:SFL) Seems To Be Using A Lot Of Debt
Mar 16Financial Position Analysis
Short Term Liabilities: SFL's short term assets ($321.7M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: SFL's short term assets ($321.7M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: SFL's net debt to equity ratio (125.8%) is considered high.
Reducing Debt: SFL's debt to equity ratio has increased from 121.3% to 142.2% over the past 5 years.
Debt Coverage: SFL's debt is well covered by operating cash flow (21.8%).
Interest Coverage: SFL's interest payments on its debt are not well covered by EBIT (1.8x coverage).