Goodwin Balance Sheet Health
Financial Health criteria checks 5/6
Goodwin has a total shareholder equity of £118.7M and total debt of £59.5M, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are £269.4M and £150.7M respectively. Goodwin's EBIT is £23.0M making its interest coverage ratio 22.3. It has cash and short-term investments of £13.4M.
Key information
50.1%
Debt to equity ratio
UK£59.52m
Debt
Interest coverage ratio | 22.3x |
Cash | UK£13.40m |
Equity | UK£118.69m |
Total liabilities | UK£150.72m |
Total assets | UK£269.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDW's short term assets (£126.7M) exceed its short term liabilities (£84.0M).
Long Term Liabilities: GDW's short term assets (£126.7M) exceed its long term liabilities (£66.8M).
Debt to Equity History and Analysis
Debt Level: GDW's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: GDW's debt to equity ratio has increased from 18.8% to 50.1% over the past 5 years.
Debt Coverage: GDW's debt is well covered by operating cash flow (52.2%).
Interest Coverage: GDW's interest payments on its debt are well covered by EBIT (22.3x coverage).