McBride Balance Sheet Health
Financial Health criteria checks 4/6
McBride has a total shareholder equity of £63.4M and total debt of £132.4M, which brings its debt-to-equity ratio to 208.8%. Its total assets and total liabilities are £476.6M and £413.2M respectively. McBride's EBIT is £65.5M making its interest coverage ratio 5.8. It has cash and short-term investments of £9.3M.
Key information
208.8%
Debt to equity ratio
UK£132.40m
Debt
| Interest coverage ratio | 5.8x |
| Cash | UK£9.30m |
| Equity | UK£63.40m |
| Total liabilities | UK£413.20m |
| Total assets | UK£476.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 10W's short term assets (£280.1M) do not cover its short term liabilities (£306.1M).
Long Term Liabilities: 10W's short term assets (£280.1M) exceed its long term liabilities (£107.1M).
Debt to Equity History and Analysis
Debt Level: 10W's net debt to equity ratio (194.2%) is considered high.
Reducing Debt: 10W's debt to equity ratio has reduced from 210.7% to 208.8% over the past 5 years.
Debt Coverage: 10W's debt is well covered by operating cash flow (44.7%).
Interest Coverage: 10W's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 11:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
McBride plc is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Barron | Berenberg |
| Gareth Jones | Cavendish Historical (Cenkos Securities) |
| Harold Patrick Thompson | Deutsche Bank |