Strike Energy Balance Sheet Health
Financial Health criteria checks 4/6
Strike Energy has a total shareholder equity of A$453.7M and total debt of A$24.2M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are A$526.1M and A$72.4M respectively.
Key information
5.3%
Debt to equity ratio
AU$24.24m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$67.06m |
| Equity | AU$453.66m |
| Total liabilities | AU$72.43m |
| Total assets | AU$526.10m |
Recent financial health updates
Is Strike Energy (ASX:STX) A Risky Investment?
Mar 29
Is Strike Energy (ASX:STX) Using Too Much Debt?
Dec 05Is Strike Energy (ASX:STX) A Risky Investment?
Jun 16Is Strike Energy (ASX:STX) Using Too Much Debt?
Mar 02Recent updates
Is Strike Energy (ASX:STX) A Risky Investment?
Mar 29Is Strike Energy (ASX:STX) Using Too Much Debt?
Dec 05Strike Energy Limited's (ASX:STX) Intrinsic Value Is Potentially 37% Above Its Share Price
Aug 18Strike Energy Limited (ASX:STX) Shares Could Be 28% Above Their Intrinsic Value Estimate
Apr 21A Look At The Intrinsic Value Of Strike Energy Limited (ASX:STX)
Jan 06Is Strike Energy (ASX:STX) A Risky Investment?
Jun 16Is Strike Energy (ASX:STX) Using Too Much Debt?
Mar 02Financial Position Analysis
Short Term Liabilities: STX's short term assets (A$80.7M) exceed its short term liabilities (A$37.2M).
Long Term Liabilities: STX's short term assets (A$80.7M) exceed its long term liabilities (A$35.2M).
Debt to Equity History and Analysis
Debt Level: STX has more cash than its total debt.
Reducing Debt: STX's debt to equity ratio has reduced from 8.7% to 5.3% over the past 5 years.
Debt Coverage: STX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if STX's interest payments on its debt are well covered by EBIT.