Scholastic Balance Sheet Health
Financial Health criteria checks 5/6
Scholastic has a total shareholder equity of $957.3M and total debt of $231.1M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are $2.0B and $1.0B respectively. Scholastic's EBIT is $42.8M making its interest coverage ratio 25.2. It has cash and short-term investments of $84.1M.
Key information
24.1%
Debt to equity ratio
US$231.10m
Debt
| Interest coverage ratio | 25.2x |
| Cash | US$84.10m |
| Equity | US$957.30m |
| Total liabilities | US$1.00b |
| Total assets | US$1.96b |
Recent financial health updates
Scholastic (NASDAQ:SCHL) Seems To Use Debt Quite Sensibly
Apr 17
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 12Recent updates
Scholastic Corporation's (NASDAQ:SCHL) P/E Is On The Mark
Oct 23Scholastic (NASDAQ:SCHL) Is Paying Out A Dividend Of $0.20
Sep 25Scholastic: Will A Pivot To Digital Media Save Scholastic
Sep 01Scholastic (NASDAQ:SCHL) Has Announced A Dividend Of $0.20
Aug 09Scholastic's (NASDAQ:SCHL) Conservative Accounting Might Explain Soft Earnings
Jul 27Scholastic (NASDAQ:SCHL) Has Affirmed Its Dividend Of $0.20
Jul 21Scholastic: No More Hoarding Effects
Jun 18Scholastic (NASDAQ:SCHL) Will Pay A Dividend Of $0.20
Apr 25Scholastic (NASDAQ:SCHL) Seems To Use Debt Quite Sensibly
Apr 17Scholastic (NASDAQ:SCHL) Will Pay A Dividend Of $0.20
Mar 28Scholastic 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 21Financial Position Analysis
Short Term Liabilities: SCHL's short term assets ($715.1M) exceed its short term liabilities ($628.4M).
Long Term Liabilities: SCHL's short term assets ($715.1M) exceed its long term liabilities ($374.3M).
Debt to Equity History and Analysis
Debt Level: SCHL's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: SCHL's debt to equity ratio has increased from 1.1% to 24.1% over the past 5 years.
Debt Coverage: SCHL's debt is well covered by operating cash flow (65.3%).
Interest Coverage: SCHL's interest payments on its debt are well covered by EBIT (25.2x coverage).