Surge Components Balance Sheet Health
Financial Health criteria checks 6/6
Surge Components has a total shareholder equity of $19.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $25.3M and $5.9M respectively. Surge Components's EBIT is $625.7K making its interest coverage ratio -3.5. It has cash and short-term investments of $12.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -3.5x |
| Cash | US$11.97m |
| Equity | US$19.33m |
| Total liabilities | US$5.94m |
| Total assets | US$25.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPRS's short term assets ($23.7M) exceed its short term liabilities ($5.0M).
Long Term Liabilities: SPRS's short term assets ($23.7M) exceed its long term liabilities ($936.8K).
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.