Summerset Group Holdings Limited

NZSE:SUM Stock Report

Market Cap: NZ$3.0b

Summerset Group Holdings Balance Sheet Health

Financial Health criteria checks 1/6

Summerset Group Holdings has a total shareholder equity of NZ$2.7B and total debt of NZ$1.5B, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are NZ$7.4B and NZ$4.7B respectively. Summerset Group Holdings's EBIT is NZ$3.0M making its interest coverage ratio 0.2. It has cash and short-term investments of NZ$39.1M.

Key information

57.4%

Debt to equity ratio

NZ$1.55b

Debt

Interest coverage ratio0.2x
CashNZ$39.12m
EquityNZ$2.70b
Total liabilitiesNZ$4.67b
Total assetsNZ$7.36b

Recent financial health updates

Here's Why Summerset Group Holdings (NZSE:SUM) Can Manage Its Debt Responsibly

Nov 27
Here's Why Summerset Group Holdings (NZSE:SUM) Can Manage Its Debt Responsibly

Recent updates

At NZ$10.32, Is It Time To Put Summerset Group Holdings Limited (NZSE:SUM) On Your Watch List?

Oct 06
At NZ$10.32, Is It Time To Put Summerset Group Holdings Limited (NZSE:SUM) On Your Watch List?

At NZ$10.19, Is It Time To Put Summerset Group Holdings Limited (NZSE:SUM) On Your Watch List?

Jun 08
At NZ$10.19, Is It Time To Put Summerset Group Holdings Limited (NZSE:SUM) On Your Watch List?

Should You Investigate Summerset Group Holdings Limited (NZSE:SUM) At NZ$13.46?

Jan 12
Should You Investigate Summerset Group Holdings Limited (NZSE:SUM) At NZ$13.46?

Is There Now An Opportunity In Summerset Group Holdings Limited (NZSE:SUM)?

Jun 13
Is There Now An Opportunity In Summerset Group Holdings Limited (NZSE:SUM)?

James Ogden Is The Non-Executive Independent Director of Summerset Group Holdings Limited (NZSE:SUM) And They Just Sold 84% Of Their Shares

Mar 20
James Ogden Is The Non-Executive Independent Director of Summerset Group Holdings Limited (NZSE:SUM) And They Just Sold 84% Of Their Shares

Read This Before Buying Summerset Group Holdings Limited (NZSE:SUM) Shares

Feb 16
Read This Before Buying Summerset Group Holdings Limited (NZSE:SUM) Shares

Is Summerset Group Holdings Limited (NZSE:SUM) Potentially Undervalued?

Feb 01
Is Summerset Group Holdings Limited (NZSE:SUM) Potentially Undervalued?

Is Summerset Group Holdings Limited (NZSE:SUM) Trading At A 42% Discount?

Jan 18
Is Summerset Group Holdings Limited (NZSE:SUM) Trading At A 42% Discount?

Summerset Group Holdings (NZSE:SUM) Has Gifted Shareholders With A Fantastic 253% Total Return On Their Investment

Jan 06
Summerset Group Holdings (NZSE:SUM) Has Gifted Shareholders With A Fantastic 253% Total Return On Their Investment

Summerset Group Holdings Limited's (NZSE:SUM) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Dec 22
Summerset Group Holdings Limited's (NZSE:SUM) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

We Wouldn't Rely On Summerset Group Holdings's (NZSE:SUM) Statutory Earnings As A Guide

Dec 09
We Wouldn't Rely On Summerset Group Holdings's (NZSE:SUM) Statutory Earnings As A Guide

Here's Why Summerset Group Holdings (NZSE:SUM) Can Manage Its Debt Responsibly

Nov 27
Here's Why Summerset Group Holdings (NZSE:SUM) Can Manage Its Debt Responsibly

Financial Position Analysis

Short Term Liabilities: SUM's short term assets (NZ$128.9M) do not cover its short term liabilities (NZ$197.6M).

Long Term Liabilities: SUM's short term assets (NZ$128.9M) do not cover its long term liabilities (NZ$4.5B).

Debt to Equity History and Analysis

Debt Level: SUM's net debt to equity ratio (56%) is considered high.

Reducing Debt: SUM's debt to equity ratio has increased from 49.6% to 57.4% over the past 5 years.

Debt Coverage: SUM's debt is well covered by operating cash flow (28.6%).

Interest Coverage: SUM's interest payments on its debt are not well covered by EBIT (0.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 17:50
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Summerset Group Holdings Limited is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew MacFarlaneBell Potter
Andrew SteeleCredit Suisse
Stephen RidgewellDeutsche Bank