Southern Cross Media Group Balance Sheet Health
Financial Health criteria checks 4/6
Southern Cross Media Group has a total shareholder equity of A$202.8M and total debt of A$117.5M, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are A$692.3M and A$489.5M respectively. Southern Cross Media Group's EBIT is A$21.5M making its interest coverage ratio 1.1. It has cash and short-term investments of A$10.5M.
Key information
57.9%
Debt to equity ratio
AU$117.54m
Debt
| Interest coverage ratio | 1.1x |
| Cash | AU$10.54m |
| Equity | AU$202.84m |
| Total liabilities | AU$489.48m |
| Total assets | AU$692.32m |
Recent financial health updates
Here's Why Southern Cross Media Group (ASX:SXL) Has A Meaningful Debt Burden
Nov 16
Does Southern Cross Media Group (ASX:SXL) Have A Healthy Balance Sheet?
Mar 24Recent updates
Is Now An Opportune Moment To Examine Southern Cross Media Group Limited (ASX:SXL)?
Aug 17Southern Cross Media Group (ASX:SXL) Will Pay A Dividend Of A$0.046
Feb 20Returns On Capital At Southern Cross Media Group (ASX:SXL) Paint A Concerning Picture
Dec 20Here's Why Southern Cross Media Group (ASX:SXL) Has A Meaningful Debt Burden
Nov 16Southern Cross Media Group (ASX:SXL) Will Be Looking To Turn Around Its Returns
Jun 06Does Southern Cross Media Group (ASX:SXL) Have A Healthy Balance Sheet?
Mar 24Southern Cross Media Group (ASX:SXL) Has Some Difficulty Using Its Capital Effectively
Feb 27At AU$2.15, Is It Time To Put Southern Cross Media Group Limited (ASX:SXL) On Your Watch List?
Feb 09Some Investors May Be Worried About Southern Cross Media Group's (ASX:SXL) Returns On Capital
Jun 02Should You Think About Buying Southern Cross Media Group Limited (ASX:SXL) Now?
Apr 12Are Investors Undervaluing Southern Cross Media Group Limited (ASX:SXL) By 37%?
Mar 16Southern Cross Media Group Limited Just Beat Revenue Estimates By 6.5%
Feb 27We're Not So Sure You Should Rely on Southern Cross Media Group's (ASX:SXL) Statutory Earnings
Feb 16A Look At Southern Cross Media Group's (ASX:SXL) Share Price Returns
Jan 28
At AU$2.34, Is Southern Cross Media Group Limited (ASX:SXL) Worth Looking At Closely?
Dec 29Southern Cross Media Group Limited (ASX:SXL) Shares Could Be 46% Below Their Intrinsic Value Estimate
Dec 15What Is The Ownership Structure Like For Southern Cross Media Group Limited (ASX:SXL)?
Dec 01We're Not Counting On Southern Cross Media Group (ASX:SXL) To Sustain Its Statutory Profitability
Nov 17What Is The Ownership Structure Like For Southern Cross Media Group Limited (ASX:SXL)?
Aug 10An Intrinsic Calculation For Southern Cross Media Group Limited (ASX:SXL) Suggests It's 39% Undervalued
Aug 10Are Southern Cross Media Group's (ASX:SXL) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jul 15Financial Position Analysis
Short Term Liabilities: SXL's short term assets (A$116.9M) exceed its short term liabilities (A$74.9M).
Long Term Liabilities: SXL's short term assets (A$116.9M) do not cover its long term liabilities (A$414.6M).
Debt to Equity History and Analysis
Debt Level: SXL's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: SXL's debt to equity ratio has reduced from 76.2% to 57.9% 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 SXL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SXL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.4% per year.