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
No updates
Recent updates
Financial 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).