Spire Healthcare Group Balance Sheet Health
Financial Health criteria checks 1/6
Spire Healthcare Group has a total shareholder equity of £737.8M and total debt of £365.3M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are £2.3B and £1.6B respectively. Spire Healthcare Group's EBIT is £126.8M making its interest coverage ratio 1.4. It has cash and short-term investments of £53.6M.
Key information
49.5%
Debt to equity ratio
UK£365.30m
Debt
| Interest coverage ratio | 1.4x |
| Cash | UK£53.60m |
| Equity | UK£737.80m |
| Total liabilities | UK£1.55b |
| Total assets | UK£2.29b |
Recent financial health updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Spire Healthcare Group plc (LON:SPI)
May 03
Investors Still Waiting For A Pull Back In Spire Healthcare Group plc (LON:SPI)
Jan 27Is Now An Opportune Moment To Examine Spire Healthcare Group plc (LON:SPI)?
Oct 27Here's Why We Think Spire Healthcare Group (LON:SPI) Is Well Worth Watching
Sep 16Returns At Spire Healthcare Group (LON:SPI) Appear To Be Weighed Down
Jul 14We Discuss Why Spire Healthcare Group plc's (LON:SPI) CEO Compensation May Be Closely Reviewed
May 07Spire Healthcare Group plc (LON:SPI) Shares Could Be 30% Below Their Intrinsic Value Estimate
Apr 15Spire Healthcare Group plc (LON:SPI) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Mar 07Are Insiders Buying Spire Healthcare Group plc (LON:SPI) Stock?
Feb 26Should You Think About Buying Spire Healthcare Group plc (LON:SPI) Now?
Feb 05
Spire Healthcare Group plc (LON:SPI) Shares Could Be 37% Below Their Intrinsic Value Estimate
Jan 15Does Spire Healthcare Group's (LON:SPI) CEO Salary Compare Well With The Performance Of The Company?
Dec 25Here's What To Make Of Spire Healthcare Group's (LON:SPI) Returns On Capital
Dec 08How Much Are Spire Healthcare Group plc (LON:SPI) Insiders Spending On Buying Shares?
Nov 17Financial Position Analysis
Short Term Liabilities: SPI's short term assets (£220.6M) do not cover its short term liabilities (£317.6M).
Long Term Liabilities: SPI's short term assets (£220.6M) do not cover its long term liabilities (£1.2B).
Debt to Equity History and Analysis
Debt Level: SPI's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: SPI's debt to equity ratio has increased from 44.4% to 49.5% over the past 5 years.
Debt Coverage: SPI's debt is well covered by operating cash flow (59%).
Interest Coverage: SPI's interest payments on its debt are not well covered by EBIT (1.4x coverage).