Genuit Group Balance Sheet Health
Financial Health criteria checks 5/6
Genuit Group has a total shareholder equity of £636.6M and total debt of £142.9M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are £978.8M and £342.2M respectively. Genuit Group's EBIT is £84.0M making its interest coverage ratio 6.8. It has cash and short-term investments of £17.0M.
Key information
22.4%
Debt to equity ratio
UK£142.90m
Debt
Interest coverage ratio | 6.8x |
Cash | UK£17.00m |
Equity | UK£636.60m |
Total liabilities | UK£342.20m |
Total assets | UK£978.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0P5's short term assets (£182.7M) exceed its short term liabilities (£130.8M).
Long Term Liabilities: 0P5's short term assets (£182.7M) do not cover its long term liabilities (£211.4M).
Debt to Equity History and Analysis
Debt Level: 0P5's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: 0P5's debt to equity ratio has reduced from 63.8% to 22.4% over the past 5 years.
Debt Coverage: 0P5's debt is well covered by operating cash flow (68.3%).
Interest Coverage: 0P5's interest payments on its debt are well covered by EBIT (6.8x coverage).