SDI Group Balance Sheet Health
Financial Health criteria checks 4/6
SDI Group has a total shareholder equity of £43.5M and total debt of £14.8M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are £80.0M and £36.5M respectively. SDI Group's EBIT is £8.2M making its interest coverage ratio 5.9. It has cash and short-term investments of £1.5M.
Key information
33.9%
Debt to equity ratio
UK£14.75m
Debt
Interest coverage ratio | 5.9x |
Cash | UK£1.55m |
Equity | UK£43.48m |
Total liabilities | UK£36.53m |
Total assets | UK£80.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SD0's short term assets (£24.1M) exceed its short term liabilities (£10.6M).
Long Term Liabilities: SD0's short term assets (£24.1M) do not cover its long term liabilities (£25.9M).
Debt to Equity History and Analysis
Debt Level: SD0's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: SD0's debt to equity ratio has increased from 10% to 33.9% over the past 5 years.
Debt Coverage: SD0's debt is well covered by operating cash flow (54.4%).
Interest Coverage: SD0's interest payments on its debt are well covered by EBIT (5.9x coverage).