Surge Components Balance Sheet Health
Financial Health criteria checks 6/6
Surge Components has a total shareholder equity of $18.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $23.1M and $4.5M respectively. Surge Components's EBIT is $866.1K making its interest coverage ratio -72.1. It has cash and short-term investments of $12.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -72.1x |
Cash | US$12.02m |
Equity | US$18.54m |
Total liabilities | US$4.54m |
Total assets | US$23.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPRS's short term assets ($21.4M) exceed its short term liabilities ($3.4M).
Long Term Liabilities: SPRS's short term assets ($21.4M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: SPRS is debt free.
Reducing Debt: SPRS had no debt 5 years ago.
Debt Coverage: SPRS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPRS has no debt, therefore coverage of interest payments is not a concern.