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STEP (StepStone Group) Financial Strength : 4 (As of Mar. 2025)


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What is StepStone Group Financial Strength?

StepStone Group has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

StepStone Group did not have earnings to cover the interest expense. StepStone Group's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.25. As of today, StepStone Group's Altman Z-Score is 1.02.


Competitive Comparison of StepStone Group's Financial Strength

For the Asset Management subindustry, StepStone Group's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


StepStone Group's Financial Strength Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, StepStone Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where StepStone Group's Financial Strength falls into.


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StepStone Group Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

StepStone Group's Interest Expense for the months ended in Mar. 2025 was $-3 Mil. Its Operating Income for the months ended in Mar. 2025 was $-6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $114 Mil.

StepStone Group's Interest Coverage for the quarter that ended in Mar. 2025 is

StepStone Group did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

StepStone Group's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(269.268 + 113.519) / 1510.916
=0.25

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

StepStone Group has a Z-score of 1.02, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.02 is in distress zone. This implies bankruptcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


StepStone Group  (NAS:STEP) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

StepStone Group has the Financial Strength Rank of 4.


StepStone Group Financial Strength Related Terms

Thank you for viewing the detailed overview of StepStone Group's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


StepStone Group Business Description

Traded in Other Exchanges
N/A
Address
277 Park Avenue, 45th Floor, New York, NY, USA, 10172
StepStone Group Inc operates as a fully integrated private markets solution provider. The company provides customized investment solutions and advisory and data services. It provides investment solutions in the areas of private equity, real estate, private debt, and infrastructure and real assets. The company consists of a single operating segment and a single reportable segment for accounting and financial reporting purposes.
Executives
Jason P Ment officer: See Remarks 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
Scott W Hart officer: Co-Chief Executive Officer 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
Michael I Mccabe officer: Head of Strategy 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
David Y Park officer: Chief Accounting Officer 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
Thomas Keck director, other: See Remarks 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
Steven R Mitchell director, 10 percent owner C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
David F Hoffmeister director C/O STEPSTONE GROUP INC., 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
James Lim 10 percent owner 100 PAINTERS MILL ROAD, SUITE 700, OWINGS MILLS MD 21117
Argonaut Private Equity, L.l.c. 10 percent owner 6733 S. YALE AVE., TULSA OK 74136
Monte M Brem director, officer: See Remarks 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
Johnny D Randel officer: Chief Financial Officer 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
Robert Waldo director, 10 percent owner 6733 S. YALE AVE., TULSA, OK 74136
Valerie Gay Brown director 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
Jose A Fernandez officer: Co-Chief Operating Officer 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017
Mark Maruszewski director, other: See Remarks 450 LEXINGTON AVENUE, 31ST FLOOR, NEW YORK NY 10017