Stepan Balance Sheet Health
Financial Health criteria checks 4/6
Stepan has a total shareholder equity of $1.2B and total debt of $654.1M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are $2.4B and $1.1B respectively. Stepan's EBIT is $72.6M making its interest coverage ratio 6.5. It has cash and short-term investments of $129.8M.
Key information
53.8%
Debt to equity ratio
US$654.15m
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$129.82m |
| Equity | US$1.22b |
| Total liabilities | US$1.15b |
| Total assets | US$2.36b |
Recent financial health updates
Is Stepan (NYSE:SCL) Using Too Much Debt?
Feb 18
Stepan (NYSE:SCL) Has A Somewhat Strained Balance Sheet
Aug 31Is Stepan (NYSE:SCL) Using Too Much Debt?
May 23Here's Why Stepan (NYSE:SCL) Can Manage Its Debt Responsibly
Feb 02Stepan (NYSE:SCL) Has A Pretty Healthy Balance Sheet
Aug 23Stepan (NYSE:SCL) Seems To Use Debt Quite Sensibly
May 14Recent updates
Stepan Company's (NYSE:SCL) Price In Tune With Earnings
Apr 05Is There Now An Opportunity In Stepan Company (NYSE:SCL)?
Mar 22Is Stepan (NYSE:SCL) Using Too Much Debt?
Feb 18Stepan Company: It's Wise To Remain Cautious
Feb 17With Stepan Company (NYSE:SCL) It Looks Like You'll Get What You Pay For
Jan 04Capital Allocation Trends At Stepan (NYSE:SCL) Aren't Ideal
Dec 17Are Investors Undervaluing Stepan Company (NYSE:SCL) By 27%?
Dec 05Stepan Company: An Unfortunate Development Resulting In An Upside
Dec 03When Should You Buy Stepan Company (NYSE:SCL)?
Oct 16Stepan Company: Don't Try To Catch The Falling Knife, Still Potentially Overvalued
Sep 17Stepan (NYSE:SCL) Has A Somewhat Strained Balance Sheet
Aug 31Stepan's Shares Are Reaching Even More Appealing Prices
Aug 28Are Investors Undervaluing Stepan Company (NYSE:SCL) By 31%?
Jul 18Investors Could Be Concerned With Stepan's (NYSE:SCL) Returns On Capital
Jul 06Stepan Company: A Downward Revision Is Warranted
Jun 09Is Stepan (NYSE:SCL) Using Too Much Debt?
May 23At US$92.20, Is Stepan Company (NYSE:SCL) Worth Looking At Closely?
May 01Stepan (NYSE:SCL) Ticks All The Boxes When It Comes To Earnings Growth
Mar 25Returns On Capital At Stepan (NYSE:SCL) Have Stalled
Mar 08Stepan Q4 2022 Earnings Preview
Feb 15Here's Why Stepan (NYSE:SCL) Can Manage Its Debt Responsibly
Feb 02Stepan Company (NYSE:SCL) Shares Could Be 30% Below Their Intrinsic Value Estimate
Jan 05Stepan Company: Expect Outperformance To Continue
Jan 03Stepan (NYSE:SCL) Has Some Way To Go To Become A Multi-Bagger
Dec 03Stepan (NYSE:SCL) Is Paying Out A Larger Dividend Than Last Year
Nov 17Stepan Company: Consistent Dividend Growth In Times Of Uncertainty
Oct 13Stepan Company's (NYSE:SCL) Intrinsic Value Is Potentially 90% Above Its Share Price
Sep 20Stepan (NYSE:SCL) Has A Pretty Healthy Balance Sheet
Aug 23Stepan Company: A Growing Dividend Stream Worth The Price
Aug 14Stepan declares $0.335 dividend
Jul 27Stepan (NYSE:SCL) Has Some Way To Go To Become A Multi-Bagger
Jul 25Stepan Company (NYSE:SCL) Shares Could Be 35% Below Their Intrinsic Value Estimate
Jun 10Stepan (NYSE:SCL) Seems To Use Debt Quite Sensibly
May 14Financial Position Analysis
Short Term Liabilities: SCL's short term assets ($851.9M) exceed its short term liabilities ($607.9M).
Long Term Liabilities: SCL's short term assets ($851.9M) exceed its long term liabilities ($539.0M).
Debt to Equity History and Analysis
Debt Level: SCL's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: SCL's debt to equity ratio has increased from 34.2% to 53.8% over the past 5 years.
Debt Coverage: SCL's debt is well covered by operating cash flow (26.7%).
Interest Coverage: SCL's interest payments on its debt are well covered by EBIT (6.5x coverage).