Bodycote Balance Sheet Health
Financial Health criteria checks 4/6
Bodycote has a total shareholder equity of £748.2M and total debt of £90.3M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are £1.1B and £389.4M respectively. Bodycote's EBIT is £115.8M making its interest coverage ratio 22.3. It has cash and short-term investments of £21.7M.
Key information
12.1%
Debt to equity ratio
UK£90.30m
Debt
| Interest coverage ratio | 22.3x |
| Cash | UK£21.70m |
| Equity | UK£748.20m |
| Total liabilities | UK£389.40m |
| Total assets | UK£1.14b |
Recent financial health updates
Is Bodycote (LON:BOY) A Risky Investment?
Dec 05
Bodycote (LON:BOY) Seems To Use Debt Rather Sparingly
Jun 26Does Bodycote (LON:BOY) Have A Healthy Balance Sheet?
Nov 23Bodycote (LON:BOY) Seems To Use Debt Rather Sparingly
Aug 13Bodycote (LON:BOY) Has A Rock Solid Balance Sheet
Apr 29Is Bodycote (LON:BOY) Using Too Much Debt?
Sep 07Recent updates
Is Bodycote (LON:BOY) A Risky Investment?
Dec 05Is Now The Time To Look At Buying Bodycote plc (LON:BOY)?
Nov 20Bodycote plc's (LON:BOY) Shares Not Telling The Full Story
Oct 04Bodycote (LON:BOY) Has Announced A Dividend Of £0.069
Aug 19There May Be Some Bright Spots In Bodycote's (LON:BOY) Earnings
Aug 06Bodycote (LON:BOY) Seems To Use Debt Rather Sparingly
Jun 26Slowing Rates Of Return At Bodycote (LON:BOY) Leave Little Room For Excitement
May 21Is Now The Time To Look At Buying Bodycote plc (LON:BOY)?
May 04If EPS Growth Is Important To You, Bodycote (LON:BOY) Presents An Opportunity
Apr 18Bodycote (LON:BOY) Is Increasing Its Dividend To £0.16
Apr 04Bodycote's (LON:BOY) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 18Is Bodycote plc (LON:BOY) Potentially Undervalued?
Jan 23Here's Why We Think Bodycote (LON:BOY) Might Deserve Your Attention Today
Dec 15Does Bodycote (LON:BOY) Have A Healthy Balance Sheet?
Nov 23Are Investors Undervaluing Bodycote plc (LON:BOY) By 36%?
Oct 20Investors Met With Slowing Returns on Capital At Bodycote (LON:BOY)
Sep 23Bodycote's (LON:BOY) Upcoming Dividend Will Be Larger Than Last Year's
Sep 08Bodycote's (LON:BOY) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 25Bodycote (LON:BOY) Seems To Use Debt Rather Sparingly
Aug 13Bodycote's (LON:BOY) Dividend Will Be Increased To £0.067
Jul 30Estimating The Fair Value Of Bodycote plc (LON:BOY)
Jun 16Bodycote's (LON:BOY) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 01What Is Bodycote plc's (LON:BOY) Share Price Doing?
May 17Bodycote (LON:BOY) Has A Rock Solid Balance Sheet
Apr 29Bodycote (LON:BOY) Is Increasing Its Dividend To £0.149
Apr 05Bodycote's (LON:BOY) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 20What Does Bodycote plc's (LON:BOY) Share Price Indicate?
Jan 22Capital Allocation Trends At Bodycote (LON:BOY) Aren't Ideal
Jan 04An Intrinsic Calculation For Bodycote plc (LON:BOY) Suggests It's 37% Undervalued
Dec 12Is Now The Time To Look At Buying Bodycote plc (LON:BOY)?
Oct 19Bodycote (LON:BOY) Is Finding It Tricky To Allocate Its Capital
Sep 27Is Bodycote (LON:BOY) Using Too Much Debt?
Sep 07Bodycote (LON:BOY) Will Pay A Larger Dividend Than Last Year At £0.064
Aug 01Is It Too Late To Consider Buying Bodycote plc (LON:BOY)?
Jul 05Does Bodycote (LON:BOY) Have A Healthy Balance Sheet?
May 09Bodycote (LON:BOY) Has Some Way To Go To Become A Multi-Bagger
Apr 06Should You Think About Buying Bodycote plc (LON:BOY) Now?
Feb 15We Think Bodycote (LON:BOY) Can Stay On Top Of Its Debt
Dec 27Here's What's Concerning About Bodycote's (LON:BOY) Returns On Capital
Dec 02Bodycote plc's (LON:BOY) Intrinsic Value Is Potentially 69% Above Its Share Price
Nov 17Is There Now An Opportunity In Bodycote plc (LON:BOY)?
Oct 30Financial Position Analysis
Short Term Liabilities: BOY's short term assets (£221.4M) do not cover its short term liabilities (£272.2M).
Long Term Liabilities: BOY's short term assets (£221.4M) exceed its long term liabilities (£117.2M).
Debt to Equity History and Analysis
Debt Level: BOY's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: BOY's debt to equity ratio has increased from 5.4% to 12.1% over the past 5 years.
Debt Coverage: BOY's debt is well covered by operating cash flow (189.1%).
Interest Coverage: BOY's interest payments on its debt are well covered by EBIT (22.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 10:07 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bodycote plc is covered by 26 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Larkam | Arden Partners Plc. |
| Jonathan Hurn | Barclays |
| Andrew Simms | Berenberg |