Scentre Group Balance Sheet Health
Financial Health criteria checks 1/6
Scentre Group has a total shareholder equity of A$18.0B and total debt of A$15.6B, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are A$35.7B and A$17.6B respectively. Scentre Group's EBIT is A$1.7B making its interest coverage ratio 3.6. It has cash and short-term investments of A$449.2M.
Key information
86.7%
Debt to equity ratio
AU$15.63b
Debt
| Interest coverage ratio | 3.6x |
| Cash | AU$449.20m |
| Equity | AU$18.02b |
| Total liabilities | AU$17.65b |
| Total assets | AU$35.67b |
Recent financial health updates
No updates
Recent updates
Trade Alert: The Independent Non-Executive Director Of Scentre Group (ASX:SCG), Andrew Harmos, Has Sold Some Shares Recently
Mar 13
Scentre Group (ASX:SCG) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 25What You Need To Know About Scentre Group's (ASX:SCG) Investor Composition
Feb 01How Should Investors Feel About Scentre Group's (ASX:SCG) CEO Remuneration?
Dec 28Scentre Group (ASX:SCG) Insiders Increased Their Holdings
Nov 30
How Much Are Scentre Group (ASX:SCG) Insiders Spending On Buying Shares?
Aug 11Financial Position Analysis
Short Term Liabilities: SCG's short term assets (A$914.2M) do not cover its short term liabilities (A$3.2B).
Long Term Liabilities: SCG's short term assets (A$914.2M) do not cover its long term liabilities (A$14.4B).
Debt to Equity History and Analysis
Debt Level: SCG's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: SCG's debt to equity ratio has increased from 65.5% to 86.7% over the past 5 years.
Debt Coverage: SCG's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: SCG's interest payments on its debt are well covered by EBIT (3.6x coverage).