Sappi Balance Sheet Health
Financial Health criteria checks 3/6
Sappi has a total shareholder equity of $2.6B and total debt of $1.6B, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are $6.2B and $3.6B respectively. Sappi's EBIT is $287.0M making its interest coverage ratio 4. It has cash and short-term investments of $317.0M.
Key information
63.8%
Debt to equity ratio
US$1.64b
Debt
| Interest coverage ratio | 4x |
| Cash | US$317.00m |
| Equity | US$2.58b |
| Total liabilities | US$3.63b |
| Total assets | US$6.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPPJ.Y's short term assets ($2.0B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: SPPJ.Y's short term assets ($2.0B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: SPPJ.Y's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: SPPJ.Y's debt to equity ratio has reduced from 97.4% to 63.8% over the past 5 years.
Debt Coverage: SPPJ.Y's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: SPPJ.Y's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:16 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sappi Limited is covered by 20 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brent Madel | Absa Bank Limited |
| Sean Ungerer | Arqaam Capital Research Offshore S.A.L. |
| Caroline Learmonth | Barclays |