Sports Entertainment Group Balance Sheet Health
Financial Health criteria checks 2/6
Sports Entertainment Group has a total shareholder equity of A$48.8M and total debt of A$28.0M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are A$144.2M and A$95.4M respectively.
Key information
57.4%
Debt to equity ratio
AU$28.01m
Debt
Interest coverage ratio | n/a |
Cash | AU$5.08m |
Equity | AU$48.83m |
Total liabilities | AU$95.41m |
Total assets | AU$144.25m |
Recent financial health updates
Is Sports Entertainment Group (ASX:SEG) A Risky Investment?
Apr 20Is Sports Entertainment Group (ASX:SEG) A Risky Investment?
Dec 02Sports Entertainment Group (ASX:SEG) Takes On Some Risk With Its Use Of Debt
Sep 02Does Sports Entertainment Group (ASX:SEG) Have A Healthy Balance Sheet?
Nov 01Recent updates
Sports Entertainment Group Limited's (ASX:SEG) Shares May Have Run Too Fast Too Soon
Aug 03Is Sports Entertainment Group (ASX:SEG) A Risky Investment?
Apr 20Is Sports Entertainment Group (ASX:SEG) A Risky Investment?
Dec 02Sports Entertainment Group (ASX:SEG) Takes On Some Risk With Its Use Of Debt
Sep 02Shareholders Will Likely Find Sports Entertainment Group Limited's (ASX:SEG) CEO Compensation Acceptable
Nov 18Does Sports Entertainment Group (ASX:SEG) Have A Healthy Balance Sheet?
Nov 01How Much is Sports Entertainment Group's (ASX:SEG) CEO Getting Paid?
Feb 01Financial Position Analysis
Short Term Liabilities: SEG's short term assets (A$31.3M) do not cover its short term liabilities (A$59.4M).
Long Term Liabilities: SEG's short term assets (A$31.3M) do not cover its long term liabilities (A$36.0M).
Debt to Equity History and Analysis
Debt Level: SEG's net debt to equity ratio (47%) is considered high.
Reducing Debt: SEG's debt to equity ratio has increased from 20.4% to 57.4% 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 26.6% per year.