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 ratio | 0.8x |
| Cash | AU$10.74m |
| Equity | AU$56.22m |
| Total liabilities | AU$90.95m |
| Total assets | AU$147.16m |
Recent financial health updates
No updates
Recent updates
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.