Star Energy Group Balance Sheet Health
Financial Health criteria checks 4/6
Star Energy Group has a total shareholder equity of £52.6M and total debt of £5.5M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are £139.8M and £87.2M respectively.
Key information
10.4%
Debt to equity ratio
UK£5.48m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.20m |
| Equity | UK£52.57m |
| Total liabilities | UK£87.21m |
| Total assets | UK£139.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IGES.F's short term assets (£11.6M) do not cover its short term liabilities (£17.6M).
Long Term Liabilities: IGES.F's short term assets (£11.6M) do not cover its long term liabilities (£69.6M).
Debt to Equity History and Analysis
Debt Level: IGES.F's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: IGES.F's debt to equity ratio has reduced from 12.2% to 10.4% 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 25.5% per year.