Strong Global Entertainment Balance Sheet Health
Financial Health criteria checks 4/6
Strong Global Entertainment has a total shareholder equity of $7.8M and total debt of $3.0M, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are $26.5M and $18.7M respectively. Strong Global Entertainment's EBIT is $610.0K making its interest coverage ratio 2.4. It has cash and short-term investments of $5.5M.
Key information
38.8%
Debt to equity ratio
US$3.03m
Debt
Interest coverage ratio | 2.4x |
Cash | US$5.47m |
Equity | US$7.79m |
Total liabilities | US$18.73m |
Total assets | US$26.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGE's short term assets ($18.0M) exceed its short term liabilities ($12.9M).
Long Term Liabilities: SGE's short term assets ($18.0M) exceed its long term liabilities ($5.9M).
Debt to Equity History and Analysis
Debt Level: SGE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SGE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SGE's debt is well covered by operating cash flow (57.6%).
Interest Coverage: SGE's interest payments on its debt are not well covered by EBIT (2.4x coverage).