Sports Entertainment Group Limited

ASX:SEG Stock Report

Market Cap: AU$70.8m

Sports Entertainment Group Balance Sheet Health

Financial Health criteria checks 3/6

Sports Entertainment Group has a total shareholder equity of A$56.2M and total debt of A$24.0M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are A$147.2M and A$90.9M respectively. Sports Entertainment Group's EBIT is A$2.3M making its interest coverage ratio 0.8. It has cash and short-term investments of A$10.7M.

Key information

42.8%

Debt to equity ratio

AU$24.05m

Debt

Interest coverage ratio0.8x
CashAU$10.74m
EquityAU$56.22m
Total liabilitiesAU$90.95m
Total assetsAU$147.16m

Recent financial health updates

Recent updates

Sports Entertainment Group (ASX:SEG) Seems To Use Debt Quite Sensibly

Nov 11
Sports Entertainment Group (ASX:SEG) Seems To Use Debt Quite Sensibly

It's A Story Of Risk Vs Reward With Sports Entertainment Group Limited (ASX:SEG)

Jul 12
It's A Story Of Risk Vs Reward With Sports Entertainment Group Limited (ASX:SEG)

Take Care Before Diving Into The Deep End On Sports Entertainment Group Limited (ASX:SEG)

Apr 05
Take Care Before Diving Into The Deep End On Sports Entertainment Group Limited (ASX:SEG)

Sports Entertainment Group Limited's (ASX:SEG) Shares May Have Run Too Fast Too Soon

Aug 03
Sports Entertainment Group Limited's (ASX:SEG) Shares May Have Run Too Fast Too Soon

Is Sports Entertainment Group (ASX:SEG) A Risky Investment?

Apr 20
Is Sports Entertainment Group (ASX:SEG) A Risky Investment?

Is Sports Entertainment Group (ASX:SEG) A Risky Investment?

Dec 02
Is Sports Entertainment Group (ASX:SEG) A Risky Investment?

Sports Entertainment Group (ASX:SEG) Takes On Some Risk With Its Use Of Debt

Sep 02
Sports Entertainment Group (ASX:SEG) Takes On Some Risk With Its Use Of Debt

Shareholders Will Likely Find Sports Entertainment Group Limited's (ASX:SEG) CEO Compensation Acceptable

Nov 18
Shareholders Will Likely Find Sports Entertainment Group Limited's (ASX:SEG) CEO Compensation Acceptable

Does Sports Entertainment Group (ASX:SEG) Have A Healthy Balance Sheet?

Nov 01
Does Sports Entertainment Group (ASX:SEG) Have A Healthy Balance Sheet?

How Much is Sports Entertainment Group's (ASX:SEG) CEO Getting Paid?

Feb 01
How Much is Sports Entertainment Group's (ASX:SEG) CEO Getting Paid?

Financial Position Analysis

Short Term Liabilities: SEG's short term assets (A$35.4M) do not cover its short term liabilities (A$35.7M).

Long Term Liabilities: SEG's short term assets (A$35.4M) do not cover its long term liabilities (A$55.3M).


Debt to Equity History and Analysis

Debt Level: SEG's net debt to equity ratio (23.7%) is considered satisfactory.

Reducing Debt: SEG's debt to equity ratio has increased from 19.2% to 42.8% 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: Whilst unprofitable SEG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SEG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.3% per year.


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