Costain Group Balance Sheet Health
Financial Health criteria checks 6/6
Costain Group has a total shareholder equity of £219.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £468.6M and £249.2M respectively. Costain Group's EBIT is £43.3M making its interest coverage ratio -48.1. It has cash and short-term investments of £164.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -48.1x |
Cash | UK£164.40m |
Equity | UK£219.40m |
Total liabilities | UK£249.20m |
Total assets | UK£468.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COSTl's short term assets (£324.5M) exceed its short term liabilities (£233.0M).
Long Term Liabilities: COSTl's short term assets (£324.5M) exceed its long term liabilities (£16.2M).
Debt to Equity History and Analysis
Debt Level: COSTl is debt free.
Reducing Debt: COSTl has no debt compared to 5 years ago when its debt to equity ratio was 38.7%.
Debt Coverage: COSTl has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: COSTl has no debt, therefore coverage of interest payments is not a concern.