SigmaRoc Balance Sheet Health
Financial Health criteria checks 1/6
SigmaRoc has a total shareholder equity of £730.0M and total debt of £639.2M, which brings its debt-to-equity ratio to 87.6%. Its total assets and total liabilities are £2.2B and £1.4B respectively. SigmaRoc's EBIT is £51.0M making its interest coverage ratio 1.5. It has cash and short-term investments of £152.8M.
Key information
87.6%
Debt to equity ratio
UK£639.23m
Debt
| Interest coverage ratio | 1.5x |
| Cash | UK£152.83m |
| Equity | UK£729.98m |
| Total liabilities | UK£1.42b |
| Total assets | UK£2.15b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M2I2's short term assets (£438.7M) exceed its short term liabilities (£405.3M).
Long Term Liabilities: M2I2's short term assets (£438.7M) do not cover its long term liabilities (£1.0B).
Debt to Equity History and Analysis
Debt Level: M2I2's net debt to equity ratio (66.6%) is considered high.
Reducing Debt: M2I2's debt to equity ratio has increased from 36.7% to 87.6% over the past 5 years.
Debt Coverage: M2I2's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: M2I2's interest payments on its debt are not well covered by EBIT (1.5x coverage).