Stride Property Group Balance Sheet Health
Financial Health criteria checks 3/6
Stride Property Group has a total shareholder equity of NZ$980.2M and total debt of NZ$423.4M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are NZ$1.4B and NZ$468.6M respectively. Stride Property Group's EBIT is NZ$65.5M making its interest coverage ratio 3.4. It has cash and short-term investments of NZ$14.3M.
Key information
43.2%
Debt to equity ratio
NZ$423.37m
Debt
| Interest coverage ratio | 3.4x |
| Cash | NZ$14.32m |
| Equity | NZ$980.16m |
| Total liabilities | NZ$468.64m |
| Total assets | NZ$1.45b |
Recent financial health updates
No updates
Recent updates
Shareholders Will Probably Hold Off On Increasing Stride Property Group's (NZSE:SPG) CEO Compensation For The Time Being
Jun 26
Analysts Just Made A Sizeable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts
May 31Stride Stapled Group's (NZSE:SPG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
Feb 17How Should Investors React To Stride Stapled Group's (NZSE:SPG) CEO Pay?
Jan 07
News Flash: Analysts Just Made A Notable Upgrade To Their Stride Stapled Group (NZSE:SPG) Forecasts
Dec 03Did You Participate In Any Of Stride Stapled Group's (NZSE:SPG) Respectable 62% Return?
Nov 19Financial Position Analysis
Short Term Liabilities: SPG's short term assets (NZ$163.0M) exceed its short term liabilities (NZ$52.4M).
Long Term Liabilities: SPG's short term assets (NZ$163.0M) do not cover its long term liabilities (NZ$416.3M).
Debt to Equity History and Analysis
Debt Level: SPG's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: SPG's debt to equity ratio has reduced from 50.2% to 43.2% over the past 5 years.
Debt Coverage: SPG's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: SPG's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 05:52 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Stride Property Group is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joshua Dale | Deutsche Bank |
| Rohan Koreman-Smit | Forsyth Barr Group Ltd. |
| Buffy Gill | Goldman Sachs & Partners Australia Pty Ltd |