On the Beach Group Balance Sheet Health
Financial Health criteria checks 4/6
On the Beach Group has a total shareholder equity of £170.2M and total debt of £55.0M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are £621.0M and £450.8M respectively. On the Beach Group's EBIT is £19.7M making its interest coverage ratio -4.5. It has cash and short-term investments of £7.7M.
Key information
32.3%
Debt to equity ratio
UK£55.00m
Debt
Interest coverage ratio | -4.5x |
Cash | UK£7.70m |
Equity | UK£170.20m |
Total liabilities | UK£450.80m |
Total assets | UK£621.00m |
Recent financial health updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For On the Beach Group (LON:OTB)
Feb 02Why Investors Shouldn't Be Surprised By On the Beach Group plc's (LON:OTB) 50% Share Price Surge
Dec 24We Think On the Beach Group's (LON:OTB) Robust Earnings Are Conservative
Dec 18Is There An Opportunity With On the Beach Group plc's (LON:OTB) 35% Undervaluation?
Sep 13Is There An Opportunity With On the Beach Group plc's (LON:OTB) 31% Undervaluation?
Jun 14An Intrinsic Calculation For On the Beach Group plc (LON:OTB) Suggests It's 24% Undervalued
Mar 14Are Investors Undervaluing On the Beach Group plc (LON:OTB) By 49%?
Dec 02On the Beach Group plc (LON:OTB) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jul 01Is There An Opportunity With On the Beach Group plc's (LON:OTB) 42% Undervaluation?
Mar 09We're Not Very Worried About On the Beach Group's (LON:OTB) Cash Burn Rate
Dec 09On the Beach Group plc (LON:OTB) Shares Could Be 24% Below Their Intrinsic Value Estimate
Nov 13At UK£3.73, Is It Time To Put On the Beach Group plc (LON:OTB) On Your Watch List?
Nov 23Financial Position Analysis
Short Term Liabilities: OTB's short term assets (£538.1M) exceed its short term liabilities (£449.4M).
Long Term Liabilities: OTB's short term assets (£538.1M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: OTB's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: OTB's debt to equity ratio has increased from 7.6% to 32.3% over the past 5 years.
Debt Coverage: OTB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OTB earns more interest than it pays, so coverage of interest payments is not a concern.