FirstGroup Balance Sheet Health
Financial Health criteria checks 4/6
FirstGroup has a total shareholder equity of £712.5M and total debt of £258.6M, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are £3.7B and £2.9B respectively. FirstGroup's EBIT is £157.4M making its interest coverage ratio 2.7. It has cash and short-term investments of £487.1M.
Key information
36.29%
Debt to equity ratio
UK£258.60m
Debt
| Interest coverage ratio | 2.7x |
| Cash | UK£487.10m |
| Equity | UK£712.50m |
| Total liabilities | UK£2.95b |
| Total assets | UK£3.66b |
Recent financial health updates
Recent updates
Investors Don't See Light At End Of FirstGroup plc's (LON:FGP) Tunnel
Sep 03
Analysts Are Betting On FirstGroup plc (LON:FGP) With A Big Upgrade This Week
Jun 15FirstGroup plc's (LON:FGP) Price Is Right But Growth Is Lacking After Shares Rocket 26%
May 08Should You Think About Buying FirstGroup plc (LON:FGP) Now?
Apr 21Is FirstGroup (LON:FGP) Using Too Much Debt?
Mar 25
Bus Electrification And London-Stirling Rail Route Will Improve Future Operations
Electrification of the bus fleet, supported by partnerships and CapEx, aims to improve efficiency and margins long-term.Shareholders Will Be Pleased With The Quality of FirstGroup's (LON:FGP) Earnings
Nov 21Calculating The Intrinsic Value Of FirstGroup plc (LON:FGP)
Oct 04What FirstGroup plc's (LON:FGP) P/S Is Not Telling You
Sep 12Is Now The Time To Look At Buying FirstGroup plc (LON:FGP)?
Aug 06Estimating The Fair Value Of FirstGroup plc (LON:FGP)
Jul 02Should You Think About Buying FirstGroup plc (LON:FGP) Now?
May 26Is FirstGroup plc (LON:FGP) Trading At A 27% Discount?
Mar 30Financial Position Analysis
Short Term Liabilities: FGP's short term assets (£1.3B) do not cover its short term liabilities (£1.8B).
Long Term Liabilities: FGP's short term assets (£1.3B) exceed its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: FGP has more cash than its total debt.
Reducing Debt: FGP's debt to equity ratio has reduced from 154.1% to 36.3% over the past 5 years.
Debt Coverage: FGP's debt is well covered by operating cash flow (291.6%).
Interest Coverage: FGP's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/21 08:06 |
| End of Day Share Price | 2025/09/19 00:00 |
| Earnings | 2025/03/29 |
| Annual Earnings | 2025/03/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
FirstGroup plc is covered by 29 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gerald Khoo | Arbuthnot Securities Limited |
| David Fintzen | Barclays |
| Jack Cummings | Berenberg |