Stockland Balance Sheet Health
Financial Health criteria checks 3/6
Stockland has a total shareholder equity of A$9.9B and total debt of A$4.9B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are A$17.1B and A$7.2B respectively. Stockland's EBIT is A$697.0M making its interest coverage ratio 7.3. It has cash and short-term investments of A$807.0M.
Key information
49.2%
Debt to equity ratio
AU$4.87b
Debt
| Interest coverage ratio | 7.3x |
| Cash | AU$807.00m |
| Equity | AU$9.89b |
| Total liabilities | AU$7.17b |
| Total assets | AU$17.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SGP's short term assets (A$3.1B) exceed its short term liabilities (A$1.8B).
Long Term Liabilities: SGP's short term assets (A$3.1B) do not cover its long term liabilities (A$5.3B).
Debt to Equity History and Analysis
Debt Level: SGP's net debt to equity ratio (41%) is considered high.
Reducing Debt: SGP's debt to equity ratio has reduced from 50.1% to 49.2% over the past 5 years.
Debt Coverage: SGP's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: SGP's interest payments on its debt are well covered by EBIT (7.3x coverage).