Sappi Balance Sheet Health
Financial Health criteria checks 3/6
Sappi has a total shareholder equity of $2.6B and total debt of $1.6B, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are $6.2B and $3.6B respectively. Sappi's EBIT is $287.0M making its interest coverage ratio 4. It has cash and short-term investments of $317.0M.
Key information
63.8%
Debt to equity ratio
US$1.64b
Debt
| Interest coverage ratio | 4x |
| Cash | US$317.00m |
| Equity | US$2.58b |
| Total liabilities | US$3.63b |
| Total assets | US$6.21b |
Recent financial health updates
Sappi (JSE:SAP) Has Debt But No Earnings; Should You Worry?
Sep 17
Does Sappi (JSE:SAP) Have A Healthy Balance Sheet?
May 23Recent updates
We Think That There Are More Issues For Sappi (JSE:SAP) Than Just Sluggish Earnings
Nov 14Subdued Growth No Barrier To Sappi Limited's (JSE:SAP) Price
Oct 15Sappi (JSE:SAP) Has Debt But No Earnings; Should You Worry?
Sep 17Unpleasant Surprises Could Be In Store For Sappi Limited's (JSE:SAP) Shares
Jun 27Does Sappi (JSE:SAP) Have A Healthy Balance Sheet?
May 23Why We're Not Concerned About Sappi Limited's (JSE:SAP) Share Price
Mar 12We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Sappi Limited's (JSE:SAP) CEO For Now
Feb 01Sappi's (JSE:SAP) Shareholders Have More To Worry About Than Only Soft Earnings
Dec 21Financial Position Analysis
Short Term Liabilities: SAP's short term assets ($2.0B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: SAP's short term assets ($2.0B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: SAP's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: SAP's debt to equity ratio has reduced from 97.4% to 63.8% over the past 5 years.
Debt Coverage: SAP's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: SAP's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 16:24 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sappi Limited is covered by 20 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brent Madel | Absa Bank Limited |
| Sean Ungerer | Arqaam Capital Research Offshore S.A.L. |
| Caroline Learmonth | Barclays |