This company has been acquired
Sprague Resources Balance Sheet Health
Financial Health criteria checks 0/6
Key information
-680.9%
Debt to equity ratio
US$647.94m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.45m |
| Equity | -US$95.16m |
| Total liabilities | US$1.43b |
| Total assets | US$1.33b |
Recent financial health updates
Recent updates
Sprague Resources declares $0.4338 dividend
Oct 17Sprague Resources declares $0.4338 dividend
Jul 25Sprague Resources: The Worst Is Still Coming
May 12Sprague Resources: Liquidity Crisis Amplifying With A Terrible First Quarter Inbound, Time To Sell
Mar 07Sprague Resources: Impending Liquidity Crisis, Distributions Could Be Suspended
Jan 02Sprague Resources: 12.1% Yield But Risks Abound
Nov 30Sprague Resources: Distribution Cut Less Than Expected
Oct 26Double-Digit Dividends: 12.46%-Yielding Sprague Resources Looks Expensive
Oct 20Sprague Resources: Distributions Cut As Warned, Brace For A Near Wipeout
Aug 06Sprague Resources: Distribution Still Risky Despite Good Fortunes
Dec 09Sprague Resources EPS beats by $0.72, beats on revenue
Nov 05Financial Position Analysis
Short Term Liabilities: SRLP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SRLP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SRLP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SRLP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SRLP's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: Insufficient data to determine if SRLP's interest payments on its debt are well covered by EBIT.