Star Energy Group Balance Sheet Health
Financial Health criteria checks 4/6
Star Energy Group has a total shareholder equity of £54.9M and total debt of £5.4M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are £145.3M and £90.4M respectively. Star Energy Group's EBIT is £5.2M making its interest coverage ratio 2.6. It has cash and short-term investments of £3.9M.
Key information
9.8%
Debt to equity ratio
UK£5.36m
Debt
| Interest coverage ratio | 2.6x |
| Cash | UK£3.86m |
| Equity | UK£54.87m |
| Total liabilities | UK£90.42m |
| Total assets | UK£145.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IGES.F's short term assets (£12.9M) do not cover its short term liabilities (£20.5M).
Long Term Liabilities: IGES.F's short term assets (£12.9M) do not cover its long term liabilities (£69.9M).
Debt to Equity History and Analysis
Debt Level: IGES.F's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: IGES.F's debt to equity ratio has reduced from 13% to 9.8% 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 IGES.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IGES.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.4% per year.