Knights Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Knights Group Holdings has a total shareholder equity of £96.1M and total debt of £44.6M, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are £219.6M and £123.5M respectively. Knights Group Holdings's EBIT is £19.0M making its interest coverage ratio -13.2. It has cash and short-term investments of £6.3M.
Key information
46.4%
Debt to equity ratio
UK£44.62m
Debt
| Interest coverage ratio | -13.2x |
| Cash | UK£6.33m |
| Equity | UK£96.10m |
| Total liabilities | UK£123.54m |
| Total assets | UK£219.64m |
Recent financial health updates
Is Knights Group Holdings (LON:KGH) Using Too Much Debt?
Sep 27
Is Knights Group Holdings (LON:KGH) Using Too Much Debt?
Sep 26Is Knights Group Holdings (LON:KGH) A Risky Investment?
Apr 22Recent updates
Should You Think About Buying Knights Group Holdings plc (LON:KGH) Now?
May 21Knights Group Holdings plc's (LON:KGH) Shares Leap 28% Yet They're Still Not Telling The Full Story
May 21Sentiment Still Eluding Knights Group Holdings plc (LON:KGH)
Feb 29Knights Group Holdings (LON:KGH) Is Due To Pay A Dividend Of £0.0161
Jan 28Knights Group Holdings (LON:KGH) Will Pay A Dividend Of £0.0161
Jan 14Is Knights Group Holdings (LON:KGH) Using Too Much Debt?
Sep 27Knights Group Holdings plc (LON:KGH) Just Reported, And Analysts Assigned A UK£1.90 Price Target
Jul 12Is It Too Late To Consider Buying Knights Group Holdings plc (LON:KGH)?
Jun 13Knights Group Holdings (LON:KGH) Is Increasing Its Dividend To £0.0153
Jan 19Is Knights Group Holdings (LON:KGH) Using Too Much Debt?
Sep 26Is Knights Group Holdings (LON:KGH) A Risky Investment?
Apr 22Some Investors May Be Worried About Knights Group Holdings' (LON:KGH) Returns On Capital
May 31A Look At The Fair Value Of Knights Group Holdings plc (LON:KGH)
Mar 11Trade Alert: The CEO & Director Of Knights Group Holdings plc (LON:KGH), Andrew Beech, Has Sold Some Shares Recently
Jan 31The Trends At Knights Group Holdings (LON:KGH) That You Should Know About
Jan 18How Much Are Knights Group Holdings plc (LON:KGH) Insiders Taking Off The Table?
Dec 27
The Knights Group Holdings (LON:KGH) Share Price Is Up 30% And Shareholders Are Holding On
Dec 09Does The Market Have A Low Tolerance For Knights Group Holdings plc's (LON:KGH) Mixed Fundamentals?
Nov 21Financial Position Analysis
Short Term Liabilities: KGH's short term assets (£82.0M) exceed its short term liabilities (£72.5M).
Long Term Liabilities: KGH's short term assets (£82.0M) exceed its long term liabilities (£51.1M).
Debt to Equity History and Analysis
Debt Level: KGH's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: KGH's debt to equity ratio has increased from 44.4% to 46.4% over the past 5 years.
Debt Coverage: KGH's debt is well covered by operating cash flow (44.5%).
Interest Coverage: KGH earns more interest than it pays, so coverage of interest payments is not a concern.