SIG Balance Sheet Health
Financial Health criteria checks 4/6
SIG has a total shareholder equity of £228.5M and total debt of £261.9M, which brings its debt-to-equity ratio to 114.6%. Its total assets and total liabilities are £1.3B and £1.0B respectively. SIG's EBIT is £43.4M making its interest coverage ratio 1.2. It has cash and short-term investments of £132.2M.
Key information
114.6%
Debt to equity ratio
UK£261.90m
Debt
Interest coverage ratio | 1.2x |
Cash | UK£132.20m |
Equity | UK£228.50m |
Total liabilities | UK£1.04b |
Total assets | UK£1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QIG's short term assets (£785.1M) exceed its short term liabilities (£469.1M).
Long Term Liabilities: QIG's short term assets (£785.1M) exceed its long term liabilities (£569.3M).
Debt to Equity History and Analysis
Debt Level: QIG's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: QIG's debt to equity ratio has increased from 54.6% to 114.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable QIG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QIG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.3% per year.