SG Fleet Group Balance Sheet Health
Financial Health criteria checks 1/6
SG Fleet Group has a total shareholder equity of A$577.5M and total debt of A$1.8B, which brings its debt-to-equity ratio to 311.7%. Its total assets and total liabilities are A$3.1B and A$2.5B respectively. SG Fleet Group's EBIT is A$194.9M making its interest coverage ratio 2.3. It has cash and short-term investments of A$138.1M.
Key information
311.7%
Debt to equity ratio
AU$1.80b
Debt
Interest coverage ratio | 2.3x |
Cash | AU$138.06m |
Equity | AU$577.47m |
Total liabilities | AU$2.49b |
Total assets | AU$3.07b |
Recent financial health updates
SG Fleet Group (ASX:SGF) Takes On Some Risk With Its Use Of Debt
May 16Is SG Fleet Group (ASX:SGF) Using Too Much Debt?
Mar 08Recent updates
SG Fleet Group (ASX:SGF) Is Increasing Its Dividend To A$0.096
Feb 22Does SG Fleet Group (ASX:SGF) Deserve A Spot On Your Watchlist?
Nov 21SG Fleet Group's (ASX:SGF) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28SG Fleet Group (ASX:SGF) Could Be Struggling To Allocate Capital
Aug 17Why SG Fleet Group Limited (ASX:SGF) Could Be Worth Watching
May 01SG Fleet Group (ASX:SGF) Has Announced That It Will Be Increasing Its Dividend To A$0.0891
Feb 16SG Fleet Group (ASX:SGF) Might Be Having Difficulty Using Its Capital Effectively
Jan 23Is It Too Late To Consider Buying SG Fleet Group Limited (ASX:SGF)?
Dec 27Is There Now An Opportunity In SG Fleet Group Limited (ASX:SGF)?
Sep 23What Is SG Fleet Group Limited's (ASX:SGF) Share Price Doing?
Jun 17SG Fleet Group (ASX:SGF) Takes On Some Risk With Its Use Of Debt
May 16Analysts Are Betting On SG Fleet Group Limited (ASX:SGF) With A Big Upgrade This Week
Feb 23SG Fleet Group's (ASX:SGF) Returns On Capital Not Reflecting Well On The Business
Feb 02There Are Reasons To Feel Uneasy About SG Fleet Group's (ASX:SGF) Returns On Capital
Oct 14At AU$2.67, Is It Time To Put SG Fleet Group Limited (ASX:SGF) On Your Watch List?
Sep 09Robust Earnings May Not Tell The Whole Story For SG Fleet Group (ASX:SGF)
Aug 23SG Fleet Group Limited (ASX:SGF) Shares Could Be 47% Below Their Intrinsic Value Estimate
Apr 19Some Investors May Be Worried About SG Fleet Group's (ASX:SGF) Returns On Capital
Apr 06Is It Time To Consider Buying SG Fleet Group Limited (ASX:SGF)?
Mar 23Don't Buy SG Fleet Group Limited (ASX:SGF) For Its Next Dividend Without Doing These Checks
Mar 10Is SG Fleet Group (ASX:SGF) Using Too Much Debt?
Mar 08Should You Buy SG Fleet Group Limited (ASX:SGF) For Its 3.8% Dividend?
Feb 16SG Fleet Group Limited's (ASX:SGF) Stock Is Going Strong: Have Financials A Role To Play?
Feb 02Would Shareholders Who Purchased SG Fleet Group's (ASX:SGF) Stock Three Years Be Happy With The Share price Today?
Jan 20Could The SG Fleet Group Limited (ASX:SGF) Ownership Structure Tell Us Something Useful?
Jan 07Should We Be Excited About The Trends Of Returns At SG Fleet Group (ASX:SGF)?
Dec 25Is It Time To Consider Buying SG Fleet Group Limited (ASX:SGF)?
Dec 13A Look At The Fair Value Of SG Fleet Group Limited (ASX:SGF)
Dec 01We're Watching These Trends At SG Fleet Group (ASX:SGF)
Sep 22Here's Why We're Wary Of Buying SG Fleet Group's (ASX:SGF) For Its Upcoming Dividend
Sep 09Has SG Fleet Group Limited's (ASX:SGF) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jul 26Are Investors Undervaluing SG Fleet Group Limited (ASX:SGF) By 43%?
Jul 09Financial Position Analysis
Short Term Liabilities: SGF's short term assets (A$1.4B) exceed its short term liabilities (A$294.9M).
Long Term Liabilities: SGF's short term assets (A$1.4B) do not cover its long term liabilities (A$2.2B).
Debt to Equity History and Analysis
Debt Level: SGF's net debt to equity ratio (287.8%) is considered high.
Reducing Debt: SGF's debt to equity ratio has increased from 65.6% to 311.7% over the past 5 years.
Debt Coverage: SGF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SGF's interest payments on its debt are not well covered by EBIT (2.3x coverage).