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 ratio | 45.9x |
Cash | AU$73.36m |
Equity | AU$305.05m |
Total liabilities | AU$335.43m |
Total assets | AU$640.48m |
Recent financial health updates
Recent updates
Does SRG Global (ASX:SRG) Deserve A Spot On Your Watchlist?
Nov 20Analysts Are Updating Their SRG Global Limited (ASX:SRG) Estimates After Its Full-Year Results
Aug 22Increases to SRG Global Limited's (ASX:SRG) CEO Compensation Might Cool off for now
Oct 05SRG Global (ASX:SRG) Is Paying Out A Larger Dividend Than Last Year
Aug 28SRG Global (ASX:SRG) Has Announced That It Will Be Increasing Its Dividend To A$0.015
Aug 25Return Trends At SRG Global (ASX:SRG) Aren't Appealing
Mar 26The Strong Earnings Posted By SRG Global (ASX:SRG) Are A Good Indication Of The Strength Of The Business
Aug 30Should You Think About Buying SRG Global Limited (ASX:SRG) Now?
Jul 10Does SRG Global (ASX:SRG) Have A Healthy Balance Sheet?
Mar 22Why It Might Not Make Sense To Buy SRG Global Limited (ASX:SRG) For Its Upcoming Dividend
Mar 04Is There Now An Opportunity In SRG Global Limited (ASX:SRG)?
Feb 16Are Investors Undervaluing SRG Global Limited (ASX:SRG) By 35%?
Jan 26Investors Who Bought SRG Global (ASX:SRG) Shares A Year Ago Are Now Up 11%
Jan 05The Independent Director of SRG Global Limited (ASX:SRG), Peter Brecht, Just Bought 13% More Shares
Dec 08What Kind Of Investors Own Most Of SRG Global Limited (ASX:SRG)?
Nov 26Financial 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).