Goodwin Balance Sheet Health
Financial Health criteria checks 5/6
Goodwin has a total shareholder equity of £126.7M and total debt of £66.1M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are £284.2M and £157.6M respectively. Goodwin's EBIT is £26.9M making its interest coverage ratio 9.8. It has cash and short-term investments of £33.3M.
Key information
52.2%
Debt to equity ratio
UK£66.12m
Debt
| Interest coverage ratio | 9.8x |
| Cash | UK£33.35m |
| Equity | UK£126.65m |
| Total liabilities | UK£157.58m |
| Total assets | UK£284.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDW's short term assets (£134.7M) exceed its short term liabilities (£61.1M).
Long Term Liabilities: GDW's short term assets (£134.7M) exceed its long term liabilities (£96.5M).
Debt to Equity History and Analysis
Debt Level: GDW's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: GDW's debt to equity ratio has increased from 26.2% to 52.2% over the past 5 years.
Debt Coverage: GDW's debt is well covered by operating cash flow (41%).
Interest Coverage: GDW's interest payments on its debt are well covered by EBIT (9.8x coverage).