StepStone Group Balance Sheet Health
Financial Health criteria checks 6/6
StepStone Group has a total shareholder equity of $1.9B and total debt of $172.1M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are $3.8B and $1.9B respectively. StepStone Group's EBIT is $185.3M making its interest coverage ratio -5.2. It has cash and short-term investments of $195.4M.
Key information
8.9%
Debt to equity ratio
US$172.12m
Debt
| Interest coverage ratio | -5.2x |
| Cash | US$195.44m |
| Equity | US$1.94b |
| Total liabilities | US$1.89b |
| Total assets | US$3.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STEP *'s short term assets ($1.7B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: STEP *'s short term assets ($1.7B) exceed its long term liabilities ($609.4M).
Debt to Equity History and Analysis
Debt Level: STEP * has more cash than its total debt.
Reducing Debt: STEP *'s debt to equity ratio has reduced from 85.3% to 8.9% over the past 5 years.
Debt Coverage: STEP *'s debt is well covered by operating cash flow (89.5%).
Interest Coverage: STEP * earns more interest than it pays, so coverage of interest payments is not a concern.