Genuit Group Balance Sheet Health
Financial Health criteria checks 5/6
Genuit Group has a total shareholder equity of £627.1M and total debt of £148.3M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are £978.9M and £351.8M respectively. Genuit Group's EBIT is £73.7M making its interest coverage ratio 6.5. It has cash and short-term investments of £26.0M.
Key information
23.6%
Debt to equity ratio
UK£148.30m
Debt
| Interest coverage ratio | 6.5x |
| Cash | UK£26.00m |
| Equity | UK£627.10m |
| Total liabilities | UK£351.80m |
| Total assets | UK£978.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GENL's short term assets (£195.0M) exceed its short term liabilities (£132.5M).
Long Term Liabilities: GENL's short term assets (£195.0M) do not cover its long term liabilities (£219.3M).
Debt to Equity History and Analysis
Debt Level: GENL's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: GENL's debt to equity ratio has reduced from 64.9% to 23.6% over the past 5 years.
Debt Coverage: GENL's debt is well covered by operating cash flow (77.1%).
Interest Coverage: GENL's interest payments on its debt are well covered by EBIT (6.5x coverage).