Startek Balance Sheet Health
Financial Health criteria checks 6/6
Startek has a total shareholder equity of $170.4M and total debt of $77.7M, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are $369.5M and $199.0M respectively. Startek's EBIT is $10.2M making its interest coverage ratio 1.3. It has cash and short-term investments of $36.7M.
Key information
45.6%
Debt to equity ratio
US$77.67m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$36.72m |
| Equity | US$170.44m |
| Total liabilities | US$199.05m |
| Total assets | US$369.49m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K2R's short term assets ($130.9M) exceed its short term liabilities ($105.6M).
Long Term Liabilities: K2R's short term assets ($130.9M) exceed its long term liabilities ($93.4M).
Debt to Equity History and Analysis
Debt Level: K2R's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: K2R's debt to equity ratio has reduced from 55.6% to 45.6% 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: K2R has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: K2R has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 8.2% each year