Starz Entertainment LLC (STRZ) Balance Sheet
STRZ balance sheet, FY2026
March 31, 2026 · U.S. dollars$1.79B assets = $1.31B liabilities + $478.7M equity
Both columns are drawn to the same scale: what STRZ owns equals what it owes plus shareholders’ equity. Hover a block for its value.
STRZ financial health
Descriptive bands, not a rating. Fiscal FY2026.
STRZ balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $9.20BFY2017 | $1.79BFY2026 | −16.6%/yr | |
| Total liabilities | $6.59BFY2017 | $1.31BFY2026 | −16.4%/yr | |
| Shareholders’ equity | $2.51BFY2017 | $478.7MFY2026 | −16.8%/yr | |
| Cash & short-term investments | $324.7MFY2017 | $102.1MFY2026 | −12.1%/yr | |
| Total debt | $4.42BFY2017 | $614.3MFY2026 | −19.7%/yr | |
| Net cash (debt) | −$4.10BFY2017 | −$512.2MFY2026 | +$3.6B | |
| Working capital | $500,000FY2017 | −$433.7MFY2026 | −$434.2M | |
| Book value per share | $292.03FY2017 | $28.49FY2026 | −22.8%/yr | |
| Current ratio | 1.00FY2017 | 0.31FY2026 | −0.69 | |
| Debt / equity | 1.76FY2017 | 1.28FY2026 | −0.48 | |
| Shares outstanding | 8.6MFY2017 | 16.8MFY2026 | +7.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
STRZ assets
STRZ liabilities and equity
STRZ debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
STRZ balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $102.1M | $17.8M | $357.7M | $300.0M | $384.6M | $528.7M | $318.2M | $184.3M | $378.1M | $324.7M |
| Cash & equivalents | $102.1M | $17.8M | $357.7M | $300.0M | $384.6M | $528.7M | $318.2M | $184.3M | $378.1M | $324.7M |
| Receivables | $81.7M | $134.3M | $1.01B | $775.1M | $611.0M | $477.7M | $619.1M | $743.9M | $1.09B | $1.05B |
| Inventory | $0 | $0 | $0 | $0 | $14.1M | $14.3M | $323.9M | $315.6M | $273.5M | $285.6M |
| Other current assets | $10.8M | $18.4M | $93.8M | $43.3M | $48.4M | $166.0M | $46.9M | $150.6M | $34.1M | $26.1M |
| Total current assets | $194.6M | $170.5M | $1.46B | $1.12B | $1.06B | $1.19B | $1.31B | $1.39B | $1.77B | $1.69B |
| Property, plant & equipment (net) | $48.0M | $85.9M | $477.3M | $258.5M | $251.9M | $218.1M | $277.8M | $155.3M | $161.7M | $165.5M |
| Goodwill & intangible assets | $627.9M | $1.91B | $1.80B | $2.59B | $4.20B | $4.34B | $4.55B | $4.71B | $4.68B | $4.75B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $918.2M | $4.5M | $3.35B | $3.46B | $3.48B | $2.56B | $1.81B | $2.15B | $2.35B | $2.59B |
| Total assets | $1.79B | $2.17B | $7.09B | $7.43B | $8.99B | $8.31B | $7.95B | $8.41B | $8.97B | $9.20B |
| Liabilities | ||||||||||
| Accounts payable | $68.3M | $64.5M | $1.20B | $1.10B | $541.6M | $501.4M | $490.7M | $530.6M | $428.6M | $573.0M |
| Short-term debt | $11.3M | $342.6M | $913.7M | $1.10B | $1.22B | $514.4M | $457.6M | $566.2M | $1.28B | $445.1M |
| Deferred revenue | $54.1M | $39.4M | $187.6M | $147.2M | $174.9M | $165.7M | $116.6M | $146.5M | $183.9M | $156.9M |
| Total current liabilities | $628.3M | $622.5M | $3.99B | $2.57B | $2.40B | $1.69B | $1.51B | $1.65B | $2.41B | $1.69B |
| Long-term debt | $0 | $699.9M | $696.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $55.5M | $64.4M | — | — | — | — | — | — | — |
| Other long-term liabilities | $681.7M | $84.4M | $2.59B | $3.73B | $3.58B | $3.60B | $3.62B | $3.71B | $3.30B | $4.90B |
| Total liabilities | $1.31B | $1.41B | $7.28B | $6.30B | $5.99B | $5.29B | $5.12B | $5.36B | $5.71B | $6.59B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $731.6M | $747.2M | $3.15B | $3.10B | $3.02B | $2.96B | $2.88B | $2.79B | $2.65B | $2.52B |
| Retained earnings (deficit) | −$273.4M | $0 | −$3.58B | −$2.44B | −$369.7M | −$82.9M | −$16.9M | $208.7M | $516.6M | $10.6M |
| Accumulated other comprehensive income | $20.5M | $19.2M | $116.0M | $120.9M | $29.3M | −$83.3M | −$206.0M | −$80.3M | −$9.7M | −$16.0M |
| Total shareholders' equity | $478.7M | $766.4M | −$312.7M | $784.5M | $2.68B | $2.79B | $2.66B | $2.92B | $3.16B | $2.51B |
| Key figures | ||||||||||
| Total debt | $614.3M | $1.09B | $3.46B | $4.25B | $4.31B | $3.50B | $3.35B | $3.56B | $3.93B | $4.42B |
| Net cash (debt) | −$512.2M | −$1.07B | −$3.11B | −$3.95B | −$3.92B | −$2.97B | −$3.03B | −$3.38B | −$3.55B | −$4.10B |
| Working capital | −$433.7M | −$452.0M | −$2.53B | −$1.45B | −$1.35B | −$506.2M | −$199.6M | −$258.0M | −$639.3M | $500,000 |
| Tangible book value | −$149.2M | −$1.15B | −$2.12B | −$1.81B | −$1.52B | −$1.55B | −$1.90B | −$1.79B | −$1.52B | −$2.23B |
| Book value per share | $28.49 | $45.86 | −$18.71 | $46.95 | $239.32 | $253.33 | $243.97 | $273.16 | $286.38 | $292.03 |
| Shares outstanding | 16.8M | 16.7M | 16.7M | 16.7M | 11.2M | 11.0M | 10.9M | 10.7M | 11.0M | 8.6M |
| Current ratio | 0.31 | 0.27 | 0.37 | 0.44 | 0.44 | 0.70 | 0.87 | 0.84 | 0.73 | 1.00 |
| Quick ratio | 0.29 | 0.24 | 0.34 | 0.42 | 0.41 | 0.59 | 0.62 | 0.56 | 0.61 | 0.82 |
| Debt / equity | 1.28 | 1.42 | — | 5.42 | 1.61 | 1.25 | 1.26 | 1.22 | 1.24 | 1.76 |
| Equity / assets | 26.8% | 35.3% | −4.4% | 10.6% | 29.8% | 33.6% | 33.4% | 34.7% | 35.2% | 27.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $59.6M | $102.1M | $35.7M | $37.0M | $51.6M | $17.8M | $243.3M | $277.7M | $229.1M | $357.7M | $319.3M | $254.6M |
| Cash & equivalents | $59.6M | $102.1M | $35.7M | $37.0M | $51.6M | $17.8M | $243.3M | $277.7M | $229.1M | $357.7M | $319.3M | $254.6M |
| Receivables | $80.4M | $81.7M | $84.4M | $65.5M | $55.7M | $134.3M | $773.2M | $796.3M | $927.0M | $1.01B | $1.14B | $678.8M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $10.6M | $10.8M | $12.1M | $11.2M | $15.9M | $18.4M | $54.4M | $79.2M | $87.8M | $93.8M | $65.5M | $53.1M |
| Total current assets | $150.6M | $194.6M | $132.2M | $113.7M | $123.2M | $170.5M | $1.07B | $1.15B | $1.24B | $1.46B | $1.53B | $986.5M |
| Property, plant & equipment (net) | $47.8M | $48.0M | $49.1M | $50.3M | $50.4M | $48.6M | $422.3M | $434.4M | $446.3M | $477.3M | $460.2M | $237.8M |
| Goodwill & intangible assets | $566.1M | $627.9M | $690.9M | $729.8M | $1.86B | $816.0M | $1.69B | $1.72B | $1.77B | $1.80B | $1.83B | $1.86B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $907.3M | $918.2M | $1.04B | $1.08B | $53.0M | $1.14B | $3.98B | $3.84B | $3.77B | $3.35B | $3.34B | $3.10B |
| Total assets | $1.67B | $1.79B | $1.91B | $1.97B | $2.09B | $2.17B | $7.17B | $7.15B | $7.22B | $7.09B | $7.15B | $6.18B |
| Liabilities | ||||||||||||
| Accounts payable | $60.8M | $68.3M | $60.0M | $83.2M | $485.5M | $64.5M | $1.13B | $1.12B | $1.12B | $1.20B | $1.21B | $1.07B |
| Short-term debt | $26.4M | $11.3M | $7.5M | $3.8M | $98.3M | $100.6M | $1.62B | $2.07B | $2.32B | $913.7M | $1.37B | $1.31B |
| Deferred revenue | $53.4M | $54.1M | $52.8M | $41.5M | $39.8M | $39.4M | $457.9M | $377.0M | $374.2M | $187.6M | $266.5M | $221.4M |
| Total current liabilities | $596.0M | $628.3M | $539.4M | $599.8M | $677.1M | $622.5M | $3.40B | $3.79B | $4.13B | $3.99B | $3.17B | $2.82B |
| Long-term debt | $606.9M | $603.0M | $0 | $608.7M | $611.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $54.5M | $57.0M | — | $61.5M | $63.9M | — | — | — | — | — | — | — |
| Other long-term liabilities | $173.0M | $78.7M | $727.8M | $100.7M | $90.5M | $784.3M | $3.92B | $3.48B | $3.01B | $3.29B | $3.90B | $3.17B |
| Total liabilities | $1.38B | $1.31B | $1.27B | $1.31B | $1.38B | $1.41B | $7.32B | $7.27B | $7.15B | $7.28B | $7.07B | $5.99B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $737.3M | $731.6M | $735.1M | $731.8M | $728.3M | $747.2M | $3.18B | $3.16B | $3.16B | $3.15B | $3.13B | $3.11B |
| Retained earnings (deficit) | −$462.8M | −$273.4M | −$108.5M | −$87.8M | −$35.2M | — | −$3.42B | −$3.40B | −$3.24B | −$3.58B | −$3.57B | −$3.47B |
| Accumulated other comprehensive income | $21.4M | $20.5M | $19.4M | $19.2M | $19.2M | $19.2M | $76.4M | $96.6M | $93.1M | $116.0M | $116.4M | $136.4M |
| Total shareholders' equity | $295.9M | $478.7M | $646.0M | $663.2M | $712.3M | $766.4M | −$168.3M | −$142.1M | $14.6M | −$312.7M | −$325.5M | −$221.1M |
| Key figures | ||||||||||||
| Total debt | $669.6M | $614.3M | $613.3M | $612.5M | $763.8M | $846.1M | $4.50B | $4.39B | $4.22B | $3.46B | $4.16B | $3.72B |
| Net cash (debt) | −$610.0M | −$512.2M | −$577.6M | −$575.5M | −$712.2M | −$828.3M | −$4.26B | −$4.11B | −$3.99B | −$3.11B | −$3.84B | −$3.47B |
| Working capital | −$445.4M | −$433.7M | −$407.2M | −$486.1M | −$553.9M | −$452.0M | −$2.33B | −$2.64B | −$2.89B | −$2.53B | −$1.65B | −$1.84B |
| Tangible book value | −$270.2M | −$149.2M | −$44.9M | −$66.6M | −$1.15B | −$49.6M | −$1.86B | −$1.87B | −$1.75B | −$2.12B | −$2.16B | −$2.08B |
| Book value per share | $17.61 | $28.49 | $38.68 | $39.71 | $42.65 | $45.88 | −$10.07 | −$8.50 | $0.87 | −$26.58 | −$27.69 | −$18.90 |
| Shares outstanding | 16.8M | 16.8M | 16.7M | 16.7M | 16.7M | 16.7M | 16.7M | 16.7M | 16.7M | 11.8M | 11.8M | 11.7M |
| Current ratio | 0.25 | 0.31 | 0.25 | 0.19 | 0.18 | 0.27 | 0.32 | 0.30 | 0.30 | 0.37 | 0.48 | 0.35 |
| Quick ratio | 0.23 | 0.29 | 0.22 | 0.17 | 0.16 | 0.24 | 0.30 | 0.28 | 0.28 | 0.34 | 0.46 | 0.33 |
| Debt / equity | 2.26 | 1.28 | 0.95 | 0.92 | 1.07 | 1.10 | — | — | 288.83 | — | — | — |
| Equity / assets | 17.7% | 26.8% | 33.8% | 33.6% | 34.1% | 35.3% | −2.3% | −2.0% | 0.2% | −4.4% | −4.5% | −3.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 7, 2026); data from EODHD.
STRZ financial position
At the end of fiscal 2026 (March 31, 2026), Starz Entertainment had total assets of $1.8 billion (down 17.7% from a year earlier), total liabilities of $1.3 billion and shareholders' equity of $478.7 million. It held $102.1 million in cash and short-term investments against $614.3 million of debt, net debt of $512.2 million. Its current ratio was 0.31. In the latest quarter (ended June 30, 2026) total assets were $1.7 billion and equity $295.9 million.
Related: STRZ income statement, STRZ cash flow statement, STRZ key metrics. See the STRZ stock overview for the latest quote and news.
STRZ balance sheet FAQ
What are Starz Entertainment's total assets?
Starz Entertainment reported total assets of $1.8 billion at the end of fiscal 2026 (March 31, 2026), compared with $2.2 billion a year earlier.
How much debt does Starz Entertainment have?
Starz Entertainment had $614.3 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 1.28.
How much cash does Starz Entertainment have?
Starz Entertainment held $102.1 million in cash and short-term investments at the end of fiscal 2026; with $614.3 million of debt that is net debt of $512.2 million.
What is Starz Entertainment's book value?
Starz Entertainment's shareholders' equity (book value) was $478.7 million at the end of fiscal 2026, or $28.49 per share.
What is Starz Entertainment's current ratio?
Starz Entertainment had current assets of $194.6 million and current liabilities of $628.3 million, a current ratio of 0.31 (current liabilities exceed current assets).
How much goodwill does Starz Entertainment have?
Starz Entertainment carried $627.9 million of goodwill and intangible assets, 35.1% of total assets, at the end of fiscal 2026.