Startek Balance Sheet Health
Financial Health criteria checks 6/6
Startek has a total shareholder equity of $170.4M and total debt of $77.7M, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are $369.5M and $199.0M respectively. Startek's EBIT is $10.2M making its interest coverage ratio 1.3. It has cash and short-term investments of $36.7M.
Key information
45.6%
Debt to equity ratio
US$77.67m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$36.72m |
| Equity | US$170.44m |
| Total liabilities | US$199.05m |
| Total assets | US$369.49m |
Recent financial health updates
StarTek (NYSE:SRT) Has A Pretty Healthy Balance Sheet
Nov 12
StarTek (NYSE:SRT) Seems To Use Debt Quite Sensibly
Jul 27Recent updates
Startek, Inc.: Unsophisticated Strategies
Oct 26Startek shares soars 11% after agrees to divest interest in Contact Center Company
Jan 11Startek Non-GAAP EPS of $0.10 misses by $0.01, revenue of $163.1M misses by $9.91M
Nov 08Startek: An Update And After Action Review
Sep 29StarTek drops after holder CSP Management formally withdraws bid
Sep 19Startek: Near-Term Catalyst Could Finalize Take-Private Deal At $5.40
Jul 17Startek: Event-Driven Opportunity With 44% Potential Upside At Proposed Buyout Price
May 03StarTek (NYSE:SRT) Might Be Having Difficulty Using Its Capital Effectively
Dec 21StarTek (NYSE:SRT) Has A Pretty Healthy Balance Sheet
Nov 12StarTek (NYSE:SRT) Seems To Use Debt Quite Sensibly
Jul 27A Look At The Fair Value Of StarTek, Inc. (NYSE:SRT)
May 24StarTek EPS misses by $0.09, misses on revenue
May 10Is StarTek, Inc. (NYSE:SRT) Potentially Undervalued?
May 07StarTek, Inc. (NYSE:SRT) Is About To Turn The Corner
Apr 07Will StarTek (NYSE:SRT) Multiply In Value Going Forward?
Mar 08Do Insiders Own Lots Of Shares In StarTek, Inc. (NYSE:SRT)?
Jan 12What Do The Returns On Capital At StarTek (NYSE:SRT) Tell Us?
Dec 08StarTek EPS beats by $0.12, beats on revenue
Nov 09Financial Position Analysis
Short Term Liabilities: SRT's short term assets ($130.9M) exceed its short term liabilities ($105.6M).
Long Term Liabilities: SRT's short term assets ($130.9M) exceed its long term liabilities ($93.4M).
Debt to Equity History and Analysis
Debt Level: SRT's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: SRT's debt to equity ratio has reduced from 55.6% to 45.6% 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: SRT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: SRT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 8.2% each year
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/06 17:21 |
| End of Day Share Price | 2024/01/04 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Startek, Inc. is covered by 4 analysts. 2 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 |
|---|---|
| David Koning | Baird |
| Alexander Paris | Barrington Research Associates, Inc. |
| Zachary Cummins | B. Riley Securities, Inc. |