McBride Balance Sheet Health
Financial Health criteria checks 3/6
McBride has a total shareholder equity of £43.6M and total debt of £150.8M, which brings its debt-to-equity ratio to 345.9%. Its total assets and total liabilities are £471.5M and £427.9M respectively. McBride's EBIT is £43.5M making its interest coverage ratio 6.6. It has cash and short-term investments of £14.3M.
Key information
345.9%
Debt to equity ratio
UK£150.80m
Debt
Interest coverage ratio | 6.6x |
Cash | UK£14.30m |
Equity | UK£43.60m |
Total liabilities | UK£427.90m |
Total assets | UK£471.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 10W's short term assets (£274.2M) do not cover its short term liabilities (£294.6M).
Long Term Liabilities: 10W's short term assets (£274.2M) exceed its long term liabilities (£133.3M).
Debt to Equity History and Analysis
Debt Level: 10W's net debt to equity ratio (313.1%) is considered high.
Reducing Debt: 10W's debt to equity ratio has increased from 160.8% to 345.9% over the past 5 years.
Debt Coverage: 10W's debt is well covered by operating cash flow (26.7%).
Interest Coverage: 10W's interest payments on its debt are well covered by EBIT (6.6x coverage).