Steadfast Group Balance Sheet Health

Financial Health criteria checks 5/6

Steadfast Group has a total shareholder equity of A$2.6B and total debt of A$1.2B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are A$5.7B and A$3.1B respectively. Steadfast Group's EBIT is A$503.3M making its interest coverage ratio 9.4. It has cash and short-term investments of A$300.4M.

Key information

47.3%

Debt to equity ratio

AU$1.22b

Debt

Interest coverage ratio	9.4x
Cash	AU$300.40m
Equity	AU$2.57b
Total liabilities	AU$3.14b
Total assets	AU$5.71b

Recent financial health updates

No updates

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For Steadfast Group Limited (ASX:SDF)

Dec 19

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.09

Aug 19

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.078

Aug 19

News Flash: Analysts Just Made A Sizeable Upgrade To Their Steadfast Group Limited (ASX:SDF) Forecasts

Aug 18

With EPS Growth And More, Steadfast Group (ASX:SDF) Makes An Interesting Case

Jul 04

Here's Why I Think Steadfast Group (ASX:SDF) Is An Interesting Stock

Mar 15

Steadfast Group's (ASX:SDF) Upcoming Dividend Will Be Larger Than Last Year's

Feb 25

Analysts' Revenue Estimates For Steadfast Group Limited (ASX:SDF) Are Surging Higher

Aug 22

Revenue Beat: Steadfast Group Limited Exceeded Revenue Forecasts By 5.6% And Analysts Are Updating Their Estimates

Aug 19

Don't Race Out To Buy Steadfast Group Limited (ASX:SDF) Just Because It's Going Ex-Dividend

Feb 25

Shareholders Of Steadfast Group (ASX:SDF) Must Be Happy With Their 173% Total Return

Feb 22

How Much Is Steadfast Group's (ASX:SDF) CEO Getting Paid?

Jan 28

What Kind Of Shareholders Own Steadfast Group Limited (ASX:SDF)?

Jan 07

Have Insiders Been Selling Steadfast Group Limited (ASX:SDF) Shares?

Dec 17

Zooming in on ASX:SDF's 2.4% Dividend Yield

Nov 26

Financial Position Analysis

Short Term Liabilities: SDF's short term assets (A$2.5B) exceed its short term liabilities (A$1.7B).

Long Term Liabilities: SDF's short term assets (A$2.5B) exceed its long term liabilities (A$1.5B).

Debt to Equity History and Analysis

Debt Level: SDF's net debt to equity ratio (35.6%) is considered satisfactory.

Reducing Debt: SDF's debt to equity ratio has increased from 31.4% to 47.3% over the past 5 years.

Debt Coverage: SDF's debt is well covered by operating cash flow (24.6%).

Interest Coverage: SDF's interest payments on its debt are well covered by EBIT (9.4x coverage).

Steadfast Group Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

Is Now The Time To Put Steadfast Group (ASX:SDF) On Your Watchlist?

Non-Executive Independent Chairman recently bought AU$304k worth of stock

Investor sentiment deteriorates as stock falls 17%

Now 24% undervalued

Final dividend increased to AU$0.10

Steadfast Group Limited to Report First Half, 2025 Results on Feb 26, 2025

Full year 2024 earnings: EPS misses analyst expectations

Steadfast Group Limited Announces Final Franked Dividend for the Year Ended 30 June 2024, Payable on 24 September 2024

Getting In Cheap On Steadfast Group Limited (ASX:SDF) Is Unlikely

With EPS Growth And More, Steadfast Group (ASX:SDF) Makes An Interesting Case

Do Steadfast Group's (ASX:SDF) Earnings Warrant Your Attention?

Steadfast Group Limited's (ASX:SDF) Share Price Not Quite Adding Up

Steadfast Group (ASX:SDF) Has Announced A Dividend Of A$0.0675

First half dividend increased to AU$0.068

First half 2024 earnings released: EPS: AU$0.096 (vs AU$0.085 in 1H 2023)

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 68.125925 million.

Risks To Shareholder Returns Are Elevated At These Prices For Steadfast Group Limited (ASX:SDF)

Steadfast Group Limited has completed a Follow-on Equity Offering in the amount of AUD 275.642028 million.

Steadfast Group Limited, Annual General Meeting, Nov 01, 2024

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire 70% stake in Combined Agency Group Pty Limited for approximately AUD 280 million.

New minor risk - Shareholder dilution

Steadfast Group Limited has filed a Follow-on Equity Offering.

Steadfast Group Limited Appoints Andrew Bloore as A Director

Steadfast Group Limited (ASX:SDF) acquired ISU Group for $55 million.

Non-Executive Independent Chairman recently bought AU$305k worth of stock

Steadfast Group Limited Announces Executive Changes

New minor risk - Dividend sustainability

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.09

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.18 in FY 2022)

Javelin Limited acquired Underwriter Central and Insurance Connect businesses of Steadfast Group.

Steadfast Group Limited Appoints Duncan Ramsay as Additional Company Secretary

Co-Founder recently sold AU$2.0m worth of stock

Non-Executive Independent Chairman recently sold AU$290k worth of stock

First half 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Steadfast Group Limited Updates Earnings Guidance for the Full Year 2023

Steadfast Group Limited to Report Fiscal Year 2023 Results on Aug 17, 2023

Steadfast Group Limited to Report First Half, 2023 Results on Feb 22, 2023

Non-Executive Independent Chairman recently sold AU$609k worth of stock

Now 20% undervalued after recent price drop

Key Executive recently sold AU$306k worth of stock

Co-Founder exercised options and sold AU$68k worth of stock

Steadfast Group Limited (ASX:SDF) Completed the acquisition of Insurance Brands Australia Pty Limited.

Consensus revenue estimates increase by 15%

Steadfast Group (ASX:SDF) Will Pay A Larger Dividend Than Last Year At A$0.078

News Flash: Analysts Just Made A Sizeable Upgrade To Their Steadfast Group Limited (ASX:SDF) Forecasts

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Steadfast Group Limited (ASX:SDF) entered into an agreement to acquire Insurance Brands Australia Pty Limited for AUD 301 million.

Steadfast Group Limited Announces Dividend for the Period of Six Months Ended 30 June 2022, Payable on 9 September 2022

Steadfast Group Limited Appoints Ms Joan Cleary as A Director , Effective from 28 July 2022

With EPS Growth And More, Steadfast Group (ASX:SDF) Makes An Interesting Case

Non-Executive Independent Director recently sold AU$351k worth of stock

Insufficient new directors

Co-Founder recently sold AU$477k worth of stock

Independent Non-Executive Director recently bought AU$58k worth of stock

Here's Why I Think Steadfast Group (ASX:SDF) Is An Interesting Stock

Now 20% undervalued after recent price drop

Steadfast Group's (ASX:SDF) Upcoming Dividend Will Be Larger Than Last Year's

First half 2022 earnings: EPS exceeds analyst expectations

Steadfast Group Retirement of Philip Purcell as Director

Insufficient new directors

Co-Founder recently sold AU$1.5m worth of stock

Non-Executive Independent Chairman recently bought AU$470k worth of stock

Co-Founder exercised options and sold AU$1.4m worth of stock

Price target increased to AU$4.89

Analysts' Revenue Estimates For Steadfast Group Limited (ASX:SDF) Are Surging Higher

Steadfast Group Limited (ASX:SDF) completed the acquisition of Coverforce Holdco Pty Limited from Jim Angelis and Management for approximately AUD 420 million.

Revenue Beat: Steadfast Group Limited Exceeded Revenue Forecasts By 5.6% And Analysts Are Updating Their Estimates

Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.065 loss in FY 2020)

Consensus forecasts updated

Steadfast Group Limited (ASX:SDF) agreed to acquire Coverforce Holdco Pty Limited from Jim Angelis and Management for approximately AUD 410 million.

Steadfast Group Limited Appoints Vicki Allen as Director

New 90-day low: AU$3.87

Co-Founder recently sold AU$600k worth of stock

Don't Race Out To Buy Steadfast Group Limited (ASX:SDF) Just Because It's Going Ex-Dividend

First half 2021 earnings released: EPS AU$0.085 (vs AU$0.087 loss in 1H 2020)