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