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
Financial Position Analysis
Short Term Liabilities: 59S's short term assets (A$914.2M) do not cover its short term liabilities (A$3.2B).
Long Term Liabilities: 59S'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: 59S's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: 59S's debt to equity ratio has increased from 65.5% to 86.7% over the past 5 years.
Debt Coverage: 59S's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: 59S's interest payments on its debt are well covered by EBIT (3.6x coverage).