Shengfeng Development Balance Sheet Health
Financial Health criteria checks 5/6
Shengfeng Development has a total shareholder equity of $112.3M and total debt of $37.8M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are $265.8M and $153.5M respectively. Shengfeng Development's EBIT is $13.9M making its interest coverage ratio 8.4. It has cash and short-term investments of $26.7M.
Key information
33.6%
Debt to equity ratio
US$37.75m
Debt
Interest coverage ratio | 8.4x |
Cash | US$26.73m |
Equity | US$112.31m |
Total liabilities | US$153.53m |
Total assets | US$265.84m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SFWL's short term assets ($149.1M) exceed its short term liabilities ($136.4M).
Long Term Liabilities: SFWL's short term assets ($149.1M) exceed its long term liabilities ($17.1M).
Debt to Equity History and Analysis
Debt Level: SFWL's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SFWL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SFWL's debt is well covered by operating cash flow (32.1%).
Interest Coverage: SFWL's interest payments on its debt are well covered by EBIT (8.4x coverage).