Sappi Balance Sheet Health
Financial Health criteria checks 3/6
Sappi has a total shareholder equity of $2.3B and total debt of $1.7B, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are $5.9B and $3.6B respectively.
Key information
73.3%
Debt to equity ratio
US$1.66b
Debt
Interest coverage ratio | n/a |
Cash | US$533.00m |
Equity | US$2.26b |
Total liabilities | US$3.65b |
Total assets | US$5.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SAP's short term assets ($2.0B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: SAP's short term assets ($2.0B) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: SAP's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: SAP's debt to equity ratio has reduced from 99.6% to 73.3% over the past 5 years.
Debt Coverage: SAP's debt is well covered by operating cash flow (37.8%).
Interest Coverage: Insufficient data to determine if SAP's interest payments on its debt are well covered by EBIT.