Scholastic Balance Sheet Health
Financial Health criteria checks 5/6
Scholastic has a total shareholder equity of $997.6M and total debt of $31.5M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are $1.7B and $717.6M respectively. Scholastic's EBIT is $66.2M making its interest coverage ratio -11.2. It has cash and short-term investments of $110.4M.
Key information
3.2%
Debt to equity ratio
US$31.50m
Debt
Interest coverage ratio | -11.2x |
Cash | US$110.40m |
Equity | US$997.60m |
Total liabilities | US$717.60m |
Total assets | US$1.72b |
Recent financial health updates
These 4 Measures Indicate That Scholastic (NASDAQ:SCHL) Is Using Debt Reasonably Well
Oct 11Is Scholastic (NASDAQ:SCHL) A Risky Investment?
Jun 03Is Scholastic (NASDAQ:SCHL) A Risky Investment?
Dec 12Is Scholastic (NASDAQ:SCHL) Using Too Much Debt?
Jul 09We Think Scholastic (NASDAQ:SCHL) Can Stay On Top Of Its Debt
Jan 12Recent updates
Scholastic Stock: Back To School
Mar 15Scholastic Corporation's (NASDAQ:SCHL) P/E Is On The Mark
Mar 07Should You Think About Buying Scholastic Corporation (NASDAQ:SCHL) Now?
Feb 17Scholastic (NASDAQ:SCHL) Has Some Way To Go To Become A Multi-Bagger
Jan 23These 4 Measures Indicate That Scholastic (NASDAQ:SCHL) Is Using Debt Reasonably Well
Oct 11Should You Investigate Scholastic Corporation (NASDAQ:SCHL) At US$36.17?
Sep 26Scholastic (NASDAQ:SCHL) Has Announced A Dividend Of $0.20
Aug 26Scholastic (NASDAQ:SCHL) Will Pay A Dividend Of $0.20
Aug 12Scholastic's (NASDAQ:SCHL) Dividend Will Be $0.20
Jul 23We Ran A Stock Scan For Earnings Growth And Scholastic (NASDAQ:SCHL) Passed With Ease
Jul 15Returns At Scholastic (NASDAQ:SCHL) Appear To Be Weighed Down
Jul 01What Does Scholastic Corporation's (NASDAQ:SCHL) Share Price Indicate?
Jun 16Is Scholastic (NASDAQ:SCHL) A Risky Investment?
Jun 03Estimating The Intrinsic Value Of Scholastic Corporation (NASDAQ:SCHL)
Mar 25Scholastic's (NASDAQ:SCHL) Returns On Capital Are Heading Higher
Mar 08Should You Be Adding Scholastic (NASDAQ:SCHL) To Your Watchlist Today?
Jan 14Is Scholastic (NASDAQ:SCHL) A Risky Investment?
Dec 12Scholastic declares $0.20 dividend
Sep 21Scholastic (NASDAQ:SCHL) Has Some Way To Go To Become A Multi-Bagger
Sep 21Scholastic acquires Learning Ovations
Sep 06Scholastic: Best Education-Oriented Publisher Prospect For Near-Term Capital Gains
Aug 22Scholastic raises dividend by 33% to $0.20
Jul 20Is Scholastic (NASDAQ:SCHL) Using Too Much Debt?
Jul 09Some Investors May Be Worried About Scholastic's (NASDAQ:SCHL) Returns On Capital
May 08We Think Scholastic (NASDAQ:SCHL) Can Stay On Top Of Its Debt
Jan 12The Returns On Capital At Scholastic (NASDAQ:SCHL) Don't Inspire Confidence
Nov 03Scholastic Corporation: The Line Between Learning And Earning
Aug 24Scholastic CEO M. Richard Robinson, Jr. dies unexpectedly
Jun 07Financial Position Analysis
Short Term Liabilities: SCHL's short term assets ($728.7M) exceed its short term liabilities ($608.5M).
Long Term Liabilities: SCHL's short term assets ($728.7M) exceed its long term liabilities ($109.1M).
Debt to Equity History and Analysis
Debt Level: SCHL has more cash than its total debt.
Reducing Debt: SCHL's debt to equity ratio has increased from 0.9% to 3.2% over the past 5 years.
Debt Coverage: SCHL's debt is well covered by operating cash flow (649.8%).
Interest Coverage: SCHL earns more interest than it pays, so coverage of interest payments is not a concern.