This company has been acquired
Strong Global Entertainment Balance Sheet Health
Financial Health criteria checks 4/6
Strong Global Entertainment has a total shareholder equity of $6.9M and total debt of $480.0K, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are $25.2M and $18.3M respectively. Strong Global Entertainment's EBIT is $827.0K making its interest coverage ratio 3. It has cash and short-term investments of $3.5M.
Key information
6.9%
Debt to equity ratio
US$480.00k
Debt
| Interest coverage ratio | 3x |
| Cash | US$3.48m |
| Equity | US$6.94m |
| Total liabilities | US$18.30m |
| Total assets | US$25.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGE's short term assets ($23.5M) exceed its short term liabilities ($17.2M).
Long Term Liabilities: SGE's short term assets ($23.5M) exceed its long term liabilities ($1.1M).
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 (57.9%).
Interest Coverage: SGE's interest payments on its debt are not well covered by EBIT (3x coverage).