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).