Wincanton Balance Sheet Health
Financial Health criteria checks 4/6
Wincanton has a total shareholder equity of £30.4M and total debt of £5.0M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are £601.5M and £571.1M respectively. Wincanton's EBIT is £66.8M making its interest coverage ratio 5.3. It has cash and short-term investments of £20.6M.
Key information
16.4%
Debt to equity ratio
UK£5.00m
Debt
| Interest coverage ratio | 5.3x |
| Cash | UK£20.60m |
| Equity | UK£30.40m |
| Total liabilities | UK£571.10m |
| Total assets | UK£601.50m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5K2's short term assets (£197.3M) do not cover its short term liabilities (£347.9M).
Long Term Liabilities: 5K2's short term assets (£197.3M) do not cover its long term liabilities (£223.2M).
Debt to Equity History and Analysis
Debt Level: 5K2 has more cash than its total debt.
Reducing Debt: 5K2 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 5K2's debt is well covered by operating cash flow (2038%).
Interest Coverage: 5K2's interest payments on its debt are well covered by EBIT (5.3x coverage).