Harworth Group Balance Sheet Health
Financial Health criteria checks 4/6
Harworth Group has a total shareholder equity of £637.7M and total debt of £63.6M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are £824.4M and £186.7M respectively.
Key information
10.0%
Debt to equity ratio
UK£63.57m
Debt
Interest coverage ratio | n/a |
Cash | UK£27.18m |
Equity | UK£637.72m |
Total liabilities | UK£186.72m |
Total assets | UK£824.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UK6A's short term assets (£346.3M) exceed its short term liabilities (£120.6M).
Long Term Liabilities: UK6A's short term assets (£346.3M) exceed its long term liabilities (£66.1M).
Debt to Equity History and Analysis
Debt Level: UK6A's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: UK6A's debt to equity ratio has reduced from 16.6% to 10% over the past 5 years.
Debt Coverage: UK6A's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: Insufficient data to determine if UK6A's interest payments on its debt are well covered by EBIT.