Forensic Analysis · General / Diversified · as of Jun 28, 2026
STARZ ENTERTAINMENT CORP /CN/ (STRZ)
A forensic read on STARZ ENTERTAINMENT CORP /CN/ built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
F · Poor — capital at risk
Forensic grade
Distress
Financial health
-1.3
Altman Z-score
Clean
Earnings quality
5
Forensic signals
-60.1%
ROE
$487M
Market cap
STARZ ENTERTAINMENT CORP /CN/ earns a F (Poor — capital at risk) forensic quality grade, and its Altman Z-score is -1.3, placing it in the Distress zone. 5 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-9%Return on invested capital.Return on invested capital is -9% and slipping from 0% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
+2.0%/yrShare-count dilution.Diluted share count changed +6% over the last 3 years to FY2024 (+2.0%/yr). The count is GROWING — existing holders are being diluted. That's ~2.0% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2021 has been diluted ~6%.
stoppedShareholder returns — halted.Capital returns have STOPPED — $2M of buybacks + dividends in FY2021, but ~$0 in FY2023. A halt usually means the company is conserving cash; understand why before reading it as neutral.
suspendedDividend — suspended.The dividend has been SUSPENDED — $57M paid in FY2019, then $0 in FY2021. A suspension is a major signal the board is conserving cash; the prior payment history doesn't offset it.
$1.8BGoodwill impairments.Took $1.8B of goodwill writedowns across 2 year(s) (FY2023 ($1.3B), FY2024 ($494M)). Writedowns mean past acquisitions underperformed what was paid for them — worth weighing on capital-allocation skill.
Key fundamentals
Net Margin-15.4%
Debt / Equity2.04x
Free Cash Flow$-63.6M
Latest Revenue$1.37B
Return on Equity-27.6%
Revenue Growth YoY-1.6%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on STARZ ENTERTAINMENT CORP /CN/:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about STRZ's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown