Crest Nicholson Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Crest Nicholson Holdings has a total shareholder equity of £803.1M and total debt of £98.1M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are £1.5B and £656.0M respectively. Crest Nicholson Holdings's EBIT is £3.8M making its interest coverage ratio 0.3. It has cash and short-term investments of £91.6M.
Key information
12.2%
Debt to equity ratio
UK£98.10m
Debt
| Interest coverage ratio | 0.3x |
| Cash | UK£91.60m |
| Equity | UK£803.10m |
| Total liabilities | UK£656.00m |
| Total assets | UK£1.46b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C38's short term assets (£1.4B) exceed its short term liabilities (£444.1M).
Long Term Liabilities: C38's short term assets (£1.4B) exceed its long term liabilities (£211.9M).
Debt to Equity History and Analysis
Debt Level: C38's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: C38's debt to equity ratio has reduced from 29.5% to 12.2% over the past 5 years.
Debt Coverage: C38's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: C38's interest payments on its debt are not well covered by EBIT (0.3x coverage).