ST Group Food Industries Holdings Balance Sheet Health
Financial Health criteria checks 4/6
ST Group Food Industries Holdings has a total shareholder equity of A$21.9M and total debt of A$2.6M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are A$58.1M and A$36.2M respectively. ST Group Food Industries Holdings's EBIT is A$2.5M making its interest coverage ratio 1.9. It has cash and short-term investments of A$10.0M.
Key information
11.6%
Debt to equity ratio
AU$2.55m
Debt
| Interest coverage ratio | 1.9x |
| Cash | AU$10.04m |
| Equity | AU$21.92m |
| Total liabilities | AU$36.21m |
| Total assets | AU$58.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRX's short term assets (A$19.7M) exceed its short term liabilities (A$16.4M).
Long Term Liabilities: DRX's short term assets (A$19.7M) do not cover its long term liabilities (A$19.8M).
Debt to Equity History and Analysis
Debt Level: DRX has more cash than its total debt.
Reducing Debt: DRX's debt to equity ratio has reduced from 24.8% to 11.6% over the past 5 years.
Debt Coverage: DRX's debt is well covered by operating cash flow (496.2%).
Interest Coverage: DRX's interest payments on its debt are not well covered by EBIT (1.9x coverage).