On the Beach Group Balance Sheet Health
Financial Health criteria checks 4/6
On the Beach Group has a total shareholder equity of £170.2M and total debt of £55.0M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are £621.0M and £450.8M respectively. On the Beach Group's EBIT is £21.1M making its interest coverage ratio -4.8. It has cash and short-term investments of £7.7M.
Key information
32.3%
Debt to equity ratio
UK£55.00m
Debt
| Interest coverage ratio | -4.8x |
| Cash | UK£7.70m |
| Equity | UK£170.20m |
| Total liabilities | UK£450.80m |
| Total assets | UK£621.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9BP's short term assets (£538.1M) exceed its short term liabilities (£449.4M).
Long Term Liabilities: 9BP's short term assets (£538.1M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: 9BP's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: 9BP's debt to equity ratio has increased from 7.6% to 32.3% over the past 5 years.
Debt Coverage: 9BP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9BP earns more interest than it pays, so coverage of interest payments is not a concern.