SRG Global Balance Sheet Health

Financial Health criteria checks 6/6

SRG Global has a total shareholder equity of A$305.1M and total debt of A$23.3M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are A$640.5M and A$335.4M respectively. SRG Global's EBIT is A$57.3M making its interest coverage ratio 45.9. It has cash and short-term investments of A$73.4M.

Key information

7.6%

Debt to equity ratio

AU$23.29m

Debt

Interest coverage ratio45.9x
CashAU$73.36m
EquityAU$305.05m
Total liabilitiesAU$335.43m
Total assetsAU$640.48m

Recent financial health updates

Recent updates

Analysts Are Updating Their SRG Global Limited (ASX:SRG) Estimates After Its Full-Year Results

Aug 22
Analysts Are Updating Their SRG Global Limited (ASX:SRG) Estimates After Its Full-Year Results

Increases to SRG Global Limited's (ASX:SRG) CEO Compensation Might Cool off for now

Oct 05
Increases to SRG Global Limited's (ASX:SRG) CEO Compensation Might Cool off for now

SRG Global (ASX:SRG) Is Paying Out A Larger Dividend Than Last Year

Aug 28
SRG Global (ASX:SRG) Is Paying Out A Larger Dividend Than Last Year

SRG Global (ASX:SRG) Has Announced That It Will Be Increasing Its Dividend To A$0.015

Aug 25
SRG Global (ASX:SRG) Has Announced That It Will Be Increasing Its Dividend To A$0.015

Return Trends At SRG Global (ASX:SRG) Aren't Appealing

Mar 26
Return Trends At SRG Global (ASX:SRG) Aren't Appealing

The Strong Earnings Posted By SRG Global (ASX:SRG) Are A Good Indication Of The Strength Of The Business

Aug 30
The Strong Earnings Posted By SRG Global (ASX:SRG) Are A Good Indication Of The Strength Of The Business

Should You Think About Buying SRG Global Limited (ASX:SRG) Now?

Jul 10
Should You Think About Buying SRG Global Limited (ASX:SRG) Now?

Does SRG Global (ASX:SRG) Have A Healthy Balance Sheet?

Mar 22
Does SRG Global (ASX:SRG) Have A Healthy Balance Sheet?

Why It Might Not Make Sense To Buy SRG Global Limited (ASX:SRG) For Its Upcoming Dividend

Mar 04
Why It Might Not Make Sense To Buy SRG Global Limited (ASX:SRG) For Its Upcoming Dividend

Is There Now An Opportunity In SRG Global Limited (ASX:SRG)?

Feb 16
Is There Now An Opportunity In SRG Global Limited (ASX:SRG)?

Are Investors Undervaluing SRG Global Limited (ASX:SRG) By 35%?

Jan 26
Are Investors Undervaluing SRG Global Limited (ASX:SRG) By 35%?

Investors Who Bought SRG Global (ASX:SRG) Shares A Year Ago Are Now Up 11%

Jan 05
Investors Who Bought SRG Global (ASX:SRG) Shares A Year Ago Are Now Up 11%

The Independent Director of SRG Global Limited (ASX:SRG), Peter Brecht, Just Bought 13% More Shares

Dec 08
The Independent Director of SRG Global Limited (ASX:SRG), Peter Brecht, Just Bought 13% More Shares

What Kind Of Investors Own Most Of SRG Global Limited (ASX:SRG)?

Nov 26
What Kind Of Investors Own Most Of SRG Global Limited (ASX:SRG)?

Financial Position Analysis

Short Term Liabilities: SRG's short term assets (A$317.6M) exceed its short term liabilities (A$263.7M).

Long Term Liabilities: SRG's short term assets (A$317.6M) exceed its long term liabilities (A$71.7M).


Debt to Equity History and Analysis

Debt Level: SRG has more cash than its total debt.

Reducing Debt: SRG's debt to equity ratio has reduced from 9.8% to 7.6% over the past 5 years.

Debt Coverage: SRG's debt is well covered by operating cash flow (402.6%).

Interest Coverage: SRG's interest payments on its debt are well covered by EBIT (45.9x coverage).


Balance Sheet


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