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
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 07Does Bodycote (LON:BOY) Have A Healthy Balance Sheet?
May 09Recent updates
Bodycote (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 30Is Bodycote (LON:BOY) A Risky Investment?
Sep 15Is Bodycote plc (LON:BOY) Trading At A 35% Discount?
Aug 14Financial 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).