Stelrad Group Balance Sheet Health
Financial Health criteria checks 5/6
Stelrad Group has a total shareholder equity of £54.9M and total debt of £83.1M, which brings its debt-to-equity ratio to 151.4%. Its total assets and total liabilities are £241.9M and £187.0M respectively. Stelrad Group's EBIT is £29.3M making its interest coverage ratio 4.5. It has cash and short-term investments of £19.4M.
Key information
151.4%
Debt to equity ratio
UK£83.14m
Debt
| Interest coverage ratio | 4.5x |
| Cash | UK£19.36m |
| Equity | UK£54.93m |
| Total liabilities | UK£186.99m |
| Total assets | UK£241.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6OJ's short term assets (£147.9M) exceed its short term liabilities (£90.4M).
Long Term Liabilities: 6OJ's short term assets (£147.9M) exceed its long term liabilities (£96.6M).
Debt to Equity History and Analysis
Debt Level: 6OJ's net debt to equity ratio (116.1%) is considered high.
Reducing Debt: 6OJ's debt to equity ratio has reduced from 647.5% to 151.4% over the past 5 years.
Debt Coverage: 6OJ's debt is well covered by operating cash flow (37.1%).
Interest Coverage: 6OJ's interest payments on its debt are well covered by EBIT (4.5x coverage).