Sappi Balance Sheet Health
Financial Health criteria checks 2/6
Sappi has a total shareholder equity of $2.3B and total debt of $1.7B, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are $5.8B and $3.5B respectively.
Key information
72.0%
Debt to equity ratio
US$1.67b
Debt
Interest coverage ratio | n/a |
Cash | US$392.00m |
Equity | US$2.32b |
Total liabilities | US$3.48b |
Total assets | US$5.79b |
Recent financial health updates
Recent updates
Does 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 ($1.4B).
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 (55.1%) is considered high.
Reducing Debt: SAP's debt to equity ratio has reduced from 120.8% to 72% over the past 5 years.
Debt Coverage: SAP's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: Insufficient data to determine if SAP's interest payments on its debt are well covered by EBIT.