Sterling Check Balance Sheet Health
Financial Health criteria checks 3/6
Sterling Check has a total shareholder equity of $701.9M and total debt of $500.1M, which brings its debt-to-equity ratio to 71.3%. Its total assets and total liabilities are $1.4B and $661.5M respectively. Sterling Check's EBIT is $59.2M making its interest coverage ratio 1.6. It has cash and short-term investments of $55.4M.
Key information
71.3%
Debt to equity ratio
US$500.15m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$55.41m |
| Equity | US$701.94m |
| Total liabilities | US$661.50m |
| Total assets | US$1.36b |
Recent financial health updates
No updates
Recent updates
Sterling Check (NASDAQ:STER) Is Experiencing Growth In Returns On Capital
Feb 09
There's Reason For Concern Over Sterling Check Corp.'s (NASDAQ:STER) Massive 26% Price Jump
Dec 14Sterling Check's (NASDAQ:STER) Returns On Capital Are Heading Higher
Oct 01Sterling Check (NASDAQ:STER) Is Experiencing Growth In Returns On Capital
Dec 22Sterling Check Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 12Sterling Check Non-GAAP EPS of $0.33 beats by $0.07, revenue of $205.6M beats by $13.96M
Aug 09Sterling Check: Still Ticking A Lot Of Boxes
May 04Are Investors Undervaluing Sterling Check Corp. (NASDAQ:STER) By 38%?
May 02Sterling Check Stock: Checking Some Boxes
Oct 03Financial Position Analysis
Short Term Liabilities: STER's short term assets ($224.8M) exceed its short term liabilities ($148.1M).
Long Term Liabilities: STER's short term assets ($224.8M) do not cover its long term liabilities ($513.4M).
Debt to Equity History and Analysis
Debt Level: STER's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: Insufficient data to determine if STER's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable STER has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: STER is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.6% per year.