Starbox Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Starbox Group Holdings has a total shareholder equity of $141.1M and total debt of $2.1M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are $153.0M and $12.0M respectively. Starbox Group Holdings's EBIT is $4.6M making its interest coverage ratio -6130.7. It has cash and short-term investments of $2.7M.
Key information
1.5%
Debt to equity ratio
US$2.07m
Debt
| Interest coverage ratio | -6130.7x |
| Cash | US$2.65m |
| Equity | US$141.06m |
| Total liabilities | US$11.97m |
| Total assets | US$153.03m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: STBX's short term assets ($28.2M) exceed its short term liabilities ($3.4M).
Long Term Liabilities: STBX's short term assets ($28.2M) exceed its long term liabilities ($8.6M).
Debt to Equity History and Analysis
Debt Level: STBX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if STBX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: STBX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STBX earns more interest than it pays, so coverage of interest payments is not a concern.