Saga Balance Sheet Health
Financial Health criteria checks 3/6
Saga has a total shareholder equity of £116.4M and total debt of £693.5M, which brings its debt-to-equity ratio to 595.8%. Its total assets and total liabilities are £1.7B and £1.6B respectively. Saga's EBIT is £84.3M making its interest coverage ratio 2. It has cash and short-term investments of £88.5M.
Key information
595.8%
Debt to equity ratio
UK£693.50m
Debt
| Interest coverage ratio | 2x |
| Cash | UK£88.50m |
| Equity | UK£116.40m |
| Total liabilities | UK£1.59b |
| Total assets | UK£1.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 65J's short term assets (£556.6M) exceed its short term liabilities (£549.1M).
Long Term Liabilities: 65J's short term assets (£556.6M) do not cover its long term liabilities (£1.0B).
Debt to Equity History and Analysis
Debt Level: 65J's net debt to equity ratio (519.8%) is considered high.
Reducing Debt: 65J's debt to equity ratio has increased from 68.7% to 595.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 65J has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 65J is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.5% per year.