Morgan Sindall Group Balance Sheet Health
Financial Health criteria checks 5/6
Morgan Sindall Group has a total shareholder equity of £568.1M and total debt of £80.6M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are £2.0B and £1.5B respectively. Morgan Sindall Group's EBIT is £124.3M making its interest coverage ratio -19.7. It has cash and short-term investments of £541.3M.
Key information
14.2%
Debt to equity ratio
UK£80.60m
Debt
Interest coverage ratio | -19.7x |
Cash | UK£541.30m |
Equity | UK£568.10m |
Total liabilities | UK£1.46b |
Total assets | UK£2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KN's short term assets (£1.6B) exceed its short term liabilities (£1.4B).
Long Term Liabilities: 0KN's short term assets (£1.6B) exceed its long term liabilities (£101.0M).
Debt to Equity History and Analysis
Debt Level: 0KN has more cash than its total debt.
Reducing Debt: 0KN's debt to equity ratio has increased from 2.9% to 14.2% over the past 5 years.
Debt Coverage: 0KN's debt is well covered by operating cash flow (243.2%).
Interest Coverage: 0KN earns more interest than it pays, so coverage of interest payments is not a concern.