Kindred Group Balance Sheet Health
Financial Health criteria checks 5/6
Kindred Group has a total shareholder equity of £507.6M and total debt of £141.8M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are £1.2B and £656.8M respectively. Kindred Group's EBIT is £141.2M making its interest coverage ratio 15.5. It has cash and short-term investments of £240.3M.
Key information
27.9%
Debt to equity ratio
UK£141.80m
Debt
| Interest coverage ratio | 15.5x |
| Cash | UK£240.30m |
| Equity | UK£507.60m |
| Total liabilities | UK£656.80m |
| Total assets | UK£1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNBA's short term assets (£363.4M) do not cover its short term liabilities (£459.7M).
Long Term Liabilities: UNBA's short term assets (£363.4M) exceed its long term liabilities (£197.1M).
Debt to Equity History and Analysis
Debt Level: UNBA has more cash than its total debt.
Reducing Debt: UNBA's debt to equity ratio has reduced from 66.5% to 27.9% over the past 5 years.
Debt Coverage: UNBA's debt is well covered by operating cash flow (115.7%).
Interest Coverage: UNBA's interest payments on its debt are well covered by EBIT (15.5x coverage).