Shepherd Neame Balance Sheet Health
Financial Health criteria checks 1/6
Shepherd Neame has a total shareholder equity of £180.8M and total debt of £84.7M, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are £364.4M and £183.6M respectively. Shepherd Neame's EBIT is £13.0M making its interest coverage ratio 2.1. It has cash and short-term investments of £4.4M.
Key information
46.8%
Debt to equity ratio
UK£84.69m
Debt
| Interest coverage ratio | 2.1x |
| Cash | UK£4.45m |
| Equity | UK£180.81m |
| Total liabilities | UK£183.58m |
| Total assets | UK£364.39m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 43Y's short term assets (£29.4M) do not cover its short term liabilities (£31.4M).
Long Term Liabilities: 43Y's short term assets (£29.4M) do not cover its long term liabilities (£152.2M).
Debt to Equity History and Analysis
Debt Level: 43Y's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: 43Y's debt to equity ratio has increased from 42.7% to 46.8% over the past 5 years.
Debt Coverage: 43Y's debt is well covered by operating cash flow (28.5%).
Interest Coverage: 43Y's interest payments on its debt are not well covered by EBIT (2.1x coverage).