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$15.9B, which brings its debt-to-equity ratio to 88.5%. Its total assets and total liabilities are A$35.8B and A$17.8B respectively. Scentre Group's EBIT is A$1.7B making its interest coverage ratio 3.5. It has cash and short-term investments of A$288.1M.

Key information

88.5%

Debt to equity ratio

AU$15.91b

Debt

Interest coverage ratio	3.5x
Cash	AU$288.10m
Equity	AU$17.99b
Total liabilities	AU$17.78b
Total assets	AU$35.77b

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 25

Financial Position Analysis

Short Term Liabilities: SCG's short term assets (A$1.1B) do not cover its short term liabilities (A$3.9B).

Long Term Liabilities: SCG's short term assets (A$1.1B) do not cover its long term liabilities (A$13.9B).

Debt to Equity History and Analysis

Debt Level: SCG's net debt to equity ratio (86.9%) is considered high.

Reducing Debt: SCG's debt to equity ratio has increased from 58.4% to 88.5% over the past 5 years.

Debt Coverage: SCG's debt is not well covered by operating cash flow (6.6%).

Interest Coverage: SCG's interest payments on its debt are well covered by EBIT (3.5x coverage).

Scentre Group Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

Recent updates

Scentre Group Appoints Craig Mitchell as Non-Executive Director, Effective 14 October 2024

First half 2024 earnings released: FFO per share: AU$0.1 (vs AU$0.11 in 1H 2023)

Final dividend increased to AU$0.086

Scentre Group to Report First Half, 2024 Results on Aug 21, 2024

Scentre Joins Investment Bank for Stake in Tea Tree Plaza

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

First half dividend of AU$0.084 announced

Scentre Group to Report Fiscal Year 2023 Results on Feb 21, 2024

Scentre Group, Annual General Meeting, Apr 04, 2024

First half 2023 earnings released: FFO per share: AU$0.1 (vs AU$0.11 in 1H 2022)

Scentre Group to Report First Half, 2023 Results on Aug 22, 2023

Scentre Group Provides Dividend Guidance for the Year 2023

Independent Non-Executive Director recently bought AU$71k worth of stock

Independent Non-Executive Director recently bought AU$147k worth of stock

Full year 2022 earnings released: EPS: AU$0.058 (vs AU$0.17 in FY 2021)

Scentre Group Announces Estimated Ordinary Dividend for the Period of Six Months Ended December 31, 2022, Payable on February 28, 2023

Scentre Group, Annual General Meeting, Apr 05, 2023

Scentre Group to Report Fiscal Year 2022 Results on Feb 22, 2023

High number of new directors

Independent Non-Executive Director recently sold AU$58k worth of stock

High number of new directors

Scentre Group Announces Board Changes

High number of new directors

Independent Non-Executive Director recently bought AU$290k worth of stock

First half 2022 earnings released: EPS: AU$0.093 (vs AU$0.077 in 1H 2021)

Scentre Group Provides Dividend Guidance for the Year 2022

Scentre Group Announces Estimated Dividend for the Six Months Ended June 30, 2022, Payable on August 31, 2022

Scentre Group to Report Q2, 2022 Results on Aug 23, 2022

Consensus forecasts updated

Scentre Group Appoints Andrew Clarke as Chief Financial Officer, Effective from October 1, 2022

High number of new directors

Scentre Group Provides Earnings Guidance for the Year 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Scentre Group Announces Chief Executive Officer Succession

Scentre Group Announces Retirement of Steven Leigh from the Board as Non-Executive Director

Scentre Group Announces Distribution on Ordinary Stapled Securities for the Six Months Ended December 31, 2021, Payable on February 28, 2022

Scentre Group to Report Fiscal Year 2021 Results on Feb 23, 2022

First half 2021 earnings released: EPS AU$0.077 (vs AU$0.69 loss in 1H 2020)

New 90-day high: AU$2.96

Trade Alert: The Independent Non-Executive Director Of Scentre Group (ASX:SCG), Andrew Harmos, Has Sold Some Shares Recently

Scentre Group (ASX:SCG) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

Full year 2020 earnings released: AU$0.72 loss per share (vs AU$0.22 profit in FY 2019)

Revenue and earnings beat expectations

What You Need To Know About Scentre Group's (ASX:SCG) Investor Composition

Scentre Group to Report Fiscal Year 2020 Results on Feb 24, 2021

Scentre Group, Annual General Meeting, Apr 08, 2021

How Should Investors Feel About Scentre Group's (ASX:SCG) CEO Remuneration?

New 90-day high: AU$2.94

Scentre Group (ASX:SCG) Insiders Increased Their Holdings

New 90-day high: AU$2.38

New 90-day high: AU$2.34

Scentre Group(ASX:SCG) dropped from S&P/ASX 20 Index

Independent Director recently bought AU$206k worth of stock

Earnings released

Analysts update estimates

How Much Are Scentre Group (ASX:SCG) Insiders Spending On Buying Shares?

Perron Group Limited completed the acquisition of 50% stake in Westfield Burwood from Scentre Group (ASX:SCG).

Scentre Group to Report First Half, 2020 Results on Aug 25, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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