Spectrum Brands Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Spectrum Brands Holdings has a total shareholder equity of $2.3B and total debt of $1.4B, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are $4.8B and $2.5B respectively. Spectrum Brands Holdings's EBIT is $144.1M making its interest coverage ratio 7.5. It has cash and short-term investments of $1.2B.
Key information
61.3%
Debt to equity ratio
US$1.38b
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$1.25b |
| Equity | US$2.26b |
| Total liabilities | US$2.50b |
| Total assets | US$4.76b |
Recent financial health updates
Spectrum Brands Holdings (NYSE:SPB) Has A Pretty Healthy Balance Sheet
Feb 26
Spectrum Brands Holdings (NYSE:SPB) Has A Pretty Healthy Balance Sheet
Oct 04Is Spectrum Brands Holdings (NYSE:SPB) Using Too Much Debt?
Jun 07Spectrum Brands Holdings (NYSE:SPB) Has A Somewhat Strained Balance Sheet
Dec 20Is Spectrum Brands Holdings (NYSE:SPB) A Risky Investment?
Aug 22Recent updates
Why Investors Shouldn't Be Surprised By Spectrum Brands Holdings, Inc.'s (NYSE:SPB) Low P/S
Apr 22Spectrum Brands Holdings (NYSE:SPB) Has A Pretty Healthy Balance Sheet
Feb 26Spectrum Brands: Worst Is Likely Behind, Reiterate Buy
Feb 21Spectrum Brands Holdings, Inc.'s (NYSE:SPB) Intrinsic Value Is Potentially 54% Above Its Share Price
Jan 04At US$71.75, Is Spectrum Brands Holdings, Inc. (NYSE:SPB) Worth Looking At Closely?
Dec 07Spectrum Brands Holdings: A Messy But Appealing Prospect Heading Into Q4 Earnings
Nov 15Spectrum Brands: HHI Divestiture Deleverages Risks
Oct 24Spectrum Brands Holdings (NYSE:SPB) Has A Pretty Healthy Balance Sheet
Oct 04Spectrum Brands Holdings (NYSE:SPB) Has Announced A Dividend Of $0.42
Aug 13Spectrum Brands: New Opportunities, But Also Some Familiar Challenges
Aug 07Spectrum Brands Holdings: Good Growth Prospects
Jul 19Is Spectrum Brands Holdings (NYSE:SPB) Using Too Much Debt?
Jun 07Spectrum Brands Holdings (NYSE:SPB) Is Paying Out A Dividend Of $0.42
May 14Is Spectrum Brands Holdings, Inc. (NYSE:SPB) Potentially Undervalued?
Mar 24Nothing Is Coming Easy For Spectrum Brands
Feb 14Spectrum Brands, Assay Abloy, DOJ near agreement over blocked deal
Feb 07Spectrum Brands Holdings (NYSE:SPB) Has A Somewhat Strained Balance Sheet
Dec 20What Does Spectrum Brands Holdings, Inc.'s (NYSE:SPB) Share Price Indicate?
Nov 19Spectrum Brands declares $0.42 dividend
Nov 15Spectrum Brands: Probability Analysis Shows Market Is Already Pricing Worst Case Scenario
Nov 03Spectrum Brands: $7/Share In FCF Without HHI Sale
Oct 17Spectrum Brands halted as DOJ sues to block Assa Abloy purchase of door unit
Sep 15Spectrum Brands Holdings: 2 Hard Catalysts In Process To Unlock Value
Aug 23Is Spectrum Brands Holdings (NYSE:SPB) A Risky Investment?
Aug 22Spectrum Brands Q3 2022 Earnings Preview
Aug 11Spectrum Brands Holdings (NYSE:SPB) Has Announced A Dividend Of US$0.42
May 07Spectrum Brands Holdings (NYSE:SPB) Has Announced A Dividend Of US$0.42
Feb 06Financial Position Analysis
Short Term Liabilities: SPB's short term assets ($2.5B) exceed its short term liabilities ($658.9M).
Long Term Liabilities: SPB's short term assets ($2.5B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: SPB's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: SPB's debt to equity ratio has reduced from 113.5% to 61.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SPB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.