Morgan Sindall Group Balance Sheet Health
Financial Health criteria checks 5/6
Morgan Sindall Group has a total shareholder equity of £580.1M and total debt of £41.4M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are £2.0B and £1.4B respectively. Morgan Sindall Group's EBIT is £136.5M making its interest coverage ratio -13.4. It has cash and short-term investments of £391.9M.
Key information
7.1%
Debt to equity ratio
UK£41.40m
Debt
| Interest coverage ratio | -13.4x |
| Cash | UK£391.90m |
| Equity | UK£580.10m |
| Total liabilities | UK£1.45b |
| Total assets | UK£2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGNSL's short term assets (£1.6B) exceed its short term liabilities (£1.3B).
Long Term Liabilities: MGNSL's short term assets (£1.6B) exceed its long term liabilities (£101.0M).
Debt to Equity History and Analysis
Debt Level: MGNSL has more cash than its total debt.
Reducing Debt: MGNSL's debt to equity ratio has increased from 0.4% to 7.1% over the past 5 years.
Debt Coverage: MGNSL's debt is well covered by operating cash flow (446.1%).
Interest Coverage: MGNSL earns more interest than it pays, so coverage of interest payments is not a concern.