Step One Clothing Balance Sheet Health
Financial Health criteria checks 6/6
Step One Clothing has a total shareholder equity of A$55.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$67.9M and A$12.7M respectively. Step One Clothing's EBIT is A$14.2M making its interest coverage ratio -18. It has cash and short-term investments of A$43.9M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -18x |
| Cash | AU$43.94m |
| Equity | AU$55.21m |
| Total liabilities | AU$12.72m |
| Total assets | AU$67.93m |
Recent financial health updates
We're Interested To See How Step One Clothing (ASX:STP) Uses Its Cash Hoard To Grow
Dec 14
We Think Step One Clothing (ASX:STP) Can Easily Afford To Drive Business Growth
Jul 28Step One Clothing (ASX:STP) Is In A Strong Position To Grow Its Business
Apr 28Recent updates
Calculating The Intrinsic Value Of Step One Clothing Limited (ASX:STP)
Jan 17There's Reason For Concern Over Step One Clothing Limited's (ASX:STP) Massive 38% Price Jump
Dec 18Step One Clothing Limited's (ASX:STP) Business Is Yet to Catch Up With Its Share Price
Jun 15Step One Clothing's (ASX:STP) Earnings Are Weaker Than They Seem
Feb 28We're Interested To See How Step One Clothing (ASX:STP) Uses Its Cash Hoard To Grow
Dec 14We Think Step One Clothing (ASX:STP) Can Easily Afford To Drive Business Growth
Jul 28Step One Clothing (ASX:STP) Is In A Strong Position To Grow Its Business
Apr 28Financial Position Analysis
Short Term Liabilities: STP's short term assets (A$63.9M) exceed its short term liabilities (A$12.5M).
Long Term Liabilities: STP's short term assets (A$63.9M) exceed its long term liabilities (A$216.0K).
Debt to Equity History and Analysis
Debt Level: STP is debt free.
Reducing Debt: STP has no debt compared to 5 years ago when its debt to equity ratio was 11.6%.
Debt Coverage: STP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: STP has no debt, therefore coverage of interest payments is not a concern.