Wickes Group Balance Sheet Health
Financial Health criteria checks 5/6
Wickes Group has a total shareholder equity of £163.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.1B and £909.8M respectively. Wickes Group's EBIT is £73.8M making its interest coverage ratio 3.5. It has cash and short-term investments of £97.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 3.5x |
Cash | UK£97.50m |
Equity | UK£163.30m |
Total liabilities | UK£909.80m |
Total assets | UK£1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FD's short term assets (£367.1M) exceed its short term liabilities (£311.5M).
Long Term Liabilities: 0FD's short term assets (£367.1M) do not cover its long term liabilities (£598.3M).
Debt to Equity History and Analysis
Debt Level: 0FD is debt free.
Reducing Debt: 0FD has not had any debt for past 5 years.
Debt Coverage: 0FD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0FD has no debt, therefore coverage of interest payments is not a concern.