Cranswick Balance Sheet Health
Financial Health criteria checks 6/6
Cranswick has a total shareholder equity of £878.4M and total debt of £78.8M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are £1.4B and £495.5M respectively. Cranswick's EBIT is £153.3M making its interest coverage ratio 19.2. It has cash and short-term investments of £27.8M.
Key information
9.0%
Debt to equity ratio
UK£78.80m
Debt
Interest coverage ratio | 19.2x |
Cash | UK£27.80m |
Equity | UK£878.40m |
Total liabilities | UK£495.50m |
Total assets | UK£1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0U6's short term assets (£561.2M) exceed its short term liabilities (£310.0M).
Long Term Liabilities: 0U6's short term assets (£561.2M) exceed its long term liabilities (£185.5M).
Debt to Equity History and Analysis
Debt Level: 0U6's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 0U6 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 0U6's debt is well covered by operating cash flow (234.8%).
Interest Coverage: 0U6's interest payments on its debt are well covered by EBIT (19.2x coverage).