Chemring Group Balance Sheet Health

Financial Health criteria checks 6/6

Chemring Group has a total shareholder equity of £350.9M and total debt of £73.5M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are £615.4M and £264.5M respectively. Chemring Group's EBIT is £69.9M making its interest coverage ratio 35. It has cash and short-term investments of £4.6M.

Key information

20.9%

Debt to equity ratio

UK£73.50m

Debt

Interest coverage ratio35x
CashUK£4.60m
EquityUK£350.90m
Total liabilitiesUK£264.50m
Total assetsUK£615.40m

Recent financial health updates

Recent updates

Chemring Group (LON:CHG) Is Due To Pay A Dividend Of £0.026

Jul 22
Chemring Group (LON:CHG) Is Due To Pay A Dividend Of £0.026

Here's Why Chemring Group (LON:CHG) Can Manage Its Debt Responsibly

Jul 12
Here's Why Chemring Group (LON:CHG) Can Manage Its Debt Responsibly

Chemring Group (LON:CHG) Will Pay A Dividend Of £0.026

Jun 21
Chemring Group (LON:CHG) Will Pay A Dividend Of £0.026

There May Be Reason For Hope In Chemring Group's (LON:CHG) Disappointing Earnings

Jun 15
There May Be Reason For Hope In Chemring Group's (LON:CHG) Disappointing Earnings

Chemring Group (LON:CHG) Will Pay A Dividend Of £0.026

Jun 07
Chemring Group (LON:CHG) Will Pay A Dividend Of £0.026

Chemring Group (LON:CHG) Is Looking To Continue Growing Its Returns On Capital

Apr 17
Chemring Group (LON:CHG) Is Looking To Continue Growing Its Returns On Capital

Chemring Group's (LON:CHG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 28
Chemring Group's (LON:CHG) Upcoming Dividend Will Be Larger Than Last Year's

Chemring Group (LON:CHG) Is Paying Out A Larger Dividend Than Last Year

Jan 18
Chemring Group (LON:CHG) Is Paying Out A Larger Dividend Than Last Year

Chemring Group's (LON:CHG) Upcoming Dividend Will Be Larger Than Last Year's

Jan 04
Chemring Group's (LON:CHG) Upcoming Dividend Will Be Larger Than Last Year's

Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.046

Dec 15
Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.046

The Return Trends At Chemring Group (LON:CHG) Look Promising

Oct 24
The Return Trends At Chemring Group (LON:CHG) Look Promising

Are Investors Undervaluing Chemring Group PLC (LON:CHG) By 35%?

Oct 05
Are Investors Undervaluing Chemring Group PLC (LON:CHG) By 35%?

Here's Why Chemring Group (LON:CHG) Can Manage Its Debt Responsibly

Sep 12
Here's Why Chemring Group (LON:CHG) Can Manage Its Debt Responsibly

Chemring Group's (LON:CHG) Upcoming Dividend Will Be Larger Than Last Year's

Aug 05
Chemring Group's (LON:CHG) Upcoming Dividend Will Be Larger Than Last Year's

Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.023

Jul 22
Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.023

Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.023

Jun 23
Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.023

Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.023

Jun 09
Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.023

We Like These Underlying Return On Capital Trends At Chemring Group (LON:CHG)

May 25
We Like These Underlying Return On Capital Trends At Chemring Group (LON:CHG)

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Chemring Group PLC's (LON:CHG) CEO For Now

Mar 09
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Chemring Group PLC's (LON:CHG) CEO For Now

Chemring Group (LON:CHG) Has Announced That It Will Be Increasing Its Dividend To £0.038

Feb 01
Chemring Group (LON:CHG) Has Announced That It Will Be Increasing Its Dividend To £0.038

Chemring Group (LON:CHG) Has Announced That It Will Be Increasing Its Dividend To £0.038

Jan 18
Chemring Group (LON:CHG) Has Announced That It Will Be Increasing Its Dividend To £0.038

Chemring Group's (LON:CHG) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 16
Chemring Group's (LON:CHG) Shareholders Will Receive A Bigger Dividend Than Last Year

Chemring Group (LON:CHG) Is Looking To Continue Growing Its Returns On Capital

Oct 29
Chemring Group (LON:CHG) Is Looking To Continue Growing Its Returns On Capital

Chemring Group (LON:CHG) Will Pay A Larger Dividend Than Last Year At £0.019

Jul 14
Chemring Group (LON:CHG) Will Pay A Larger Dividend Than Last Year At £0.019

Returns On Capital Are Showing Encouraging Signs At Chemring Group (LON:CHG)

Jul 13
Returns On Capital Are Showing Encouraging Signs At Chemring Group (LON:CHG)

Chemring Group PLC's (LON:CHG) Intrinsic Value Is Potentially 49% Above Its Share Price

Jun 12
Chemring Group PLC's (LON:CHG) Intrinsic Value Is Potentially 49% Above Its Share Price

Is Chemring Group (LON:CHG) A Risky Investment?

Apr 22
Is Chemring Group (LON:CHG) A Risky Investment?

An Intrinsic Calculation For Chemring Group PLC (LON:CHG) Suggests It's 44% Undervalued

Jan 29
An Intrinsic Calculation For Chemring Group PLC (LON:CHG) Suggests It's 44% Undervalued

Is Chemring Group (LON:CHG) Using Too Much Debt?

Jan 10
Is Chemring Group (LON:CHG) Using Too Much Debt?

Is Chemring Group PLC (LON:CHG) Trading At A 37% Discount?

Sep 28
Is Chemring Group PLC (LON:CHG) Trading At A 37% Discount?

Chemring Group's (LON:CHG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 05
Chemring Group's (LON:CHG) Shareholders Will Receive A Bigger Dividend Than Last Year

Here's Why Chemring Group (LON:CHG) Can Manage Its Debt Responsibly

Jul 06
Here's Why Chemring Group (LON:CHG) Can Manage Its Debt Responsibly

Chemring Group (LON:CHG) Will Pay A Larger Dividend Than Last Year At UK£0.016

Jun 06
Chemring Group (LON:CHG) Will Pay A Larger Dividend Than Last Year At UK£0.016

Returns On Capital Are Showing Encouraging Signs At Chemring Group (LON:CHG)

Jun 04
Returns On Capital Are Showing Encouraging Signs At Chemring Group (LON:CHG)

Estimating The Intrinsic Value Of Chemring Group PLC (LON:CHG)

Apr 29
Estimating The Intrinsic Value Of Chemring Group PLC (LON:CHG)

Is Chemring Group (LON:CHG) A Risky Investment?

Mar 10
Is Chemring Group (LON:CHG) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: CHG's short term assets (£221.8M) exceed its short term liabilities (£174.2M).

Long Term Liabilities: CHG's short term assets (£221.8M) exceed its long term liabilities (£90.3M).


Debt to Equity History and Analysis

Debt Level: CHG's net debt to equity ratio (19.6%) is considered satisfactory.

Reducing Debt: CHG's debt to equity ratio has reduced from 31.9% to 20.9% over the past 5 years.

Debt Coverage: CHG's debt is well covered by operating cash flow (92.5%).

Interest Coverage: CHG's interest payments on its debt are well covered by EBIT (35x coverage).


Balance Sheet


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