SITC International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
SITC International Holdings has a total shareholder equity of $2.1B and total debt of $173.3M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are $2.8B and $733.7M respectively. SITC International Holdings's EBIT is $553.2M making its interest coverage ratio -66.4. It has cash and short-term investments of $508.3M.
Key information
8.2%
Debt to equity ratio
US$173.34m
Debt
| Interest coverage ratio | -66.4x |
| Cash | US$508.27m |
| Equity | US$2.12b |
| Total liabilities | US$733.71m |
| Total assets | US$2.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SITI.F's short term assets ($754.0M) exceed its short term liabilities ($516.3M).
Long Term Liabilities: SITI.F's short term assets ($754.0M) exceed its long term liabilities ($217.4M).
Debt to Equity History and Analysis
Debt Level: SITI.F has more cash than its total debt.
Reducing Debt: SITI.F's debt to equity ratio has reduced from 40% to 8.2% over the past 5 years.
Debt Coverage: SITI.F's debt is well covered by operating cash flow (402.9%).
Interest Coverage: SITI.F earns more interest than it pays, so coverage of interest payments is not a concern.