Star Entertainment Group Balance Sheet Health
Financial Health criteria checks 5/6
Star Entertainment Group has a total shareholder equity of A$2.5B and total debt of A$265.2M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are A$3.5B and A$1.0B respectively. Star Entertainment Group's EBIT is A$38.5M making its interest coverage ratio 0.5. It has cash and short-term investments of A$436.3M.
Key information
10.5%
Debt to equity ratio
AU$265.20m
Debt
Interest coverage ratio | 0.5x |
Cash | AU$436.30m |
Equity | AU$2.53b |
Total liabilities | AU$1.02b |
Total assets | AU$3.55b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGR's short term assets (A$599.2M) do not cover its short term liabilities (A$707.1M).
Long Term Liabilities: SGR's short term assets (A$599.2M) exceed its long term liabilities (A$312.1M).
Debt to Equity History and Analysis
Debt Level: SGR has more cash than its total debt.
Reducing Debt: SGR's debt to equity ratio has reduced from 25.9% to 10.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SGR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SGR has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 2.7% each year