Goodwin Balance Sheet Health
Financial Health criteria checks 5/6
Goodwin has a total shareholder equity of £126.7M and total debt of £75.9M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are £284.2M and £157.6M respectively. Goodwin's EBIT is £26.9M making its interest coverage ratio 9.8. It has cash and short-term investments of £30.7M.
Key information
60.0%
Debt to equity ratio
UK£75.93m
Debt
| Interest coverage ratio | 9.8x |
| Cash | UK£30.68m |
| Equity | UK£126.65m |
| Total liabilities | UK£157.58m |
| Total assets | UK£284.23m |
Recent financial health updates
We Think Goodwin (LON:GDWN) Can Stay On Top Of Its Debt
Apr 11
Goodwin (LON:GDWN) Seems To Use Debt Quite Sensibly
Aug 14We Think Goodwin (LON:GDWN) Is Taking Some Risk With Its Debt
Apr 03Is Goodwin (LON:GDWN) Using Too Much Debt?
Dec 30Recent updates
Goodwin (LON:GDWN) Is Increasing Its Dividend To £0.665
Aug 20Returns At Goodwin (LON:GDWN) Appear To Be Weighed Down
May 21Goodwin PLC's (LON:GDWN) P/E Is Still On The Mark Following 29% Share Price Bounce
Apr 25We Think Goodwin (LON:GDWN) Can Stay On Top Of Its Debt
Apr 11Returns On Capital At Goodwin (LON:GDWN) Have Stalled
Jan 20Estimating The Fair Value Of Goodwin PLC (LON:GDWN)
Dec 26Goodwin's (LON:GDWN) Dividend Will Be £0.575
Dec 13Goodwin (LON:GDWN) Is Increasing Its Dividend To £0.575
Sep 23Goodwin (LON:GDWN) Is Increasing Its Dividend To £0.575
Sep 09Goodwin (LON:GDWN) Will Pay A Larger Dividend Than Last Year At £0.575
Aug 26Goodwin's (LON:GDWN) Upcoming Dividend Will Be Larger Than Last Year's
Aug 11Returns At Goodwin (LON:GDWN) Are On The Way Up
May 12Here's Why We Think Goodwin (LON:GDWN) Might Deserve Your Attention Today
Jan 07Investors Met With Slowing Returns on Capital At Goodwin (LON:GDWN)
Sep 25Goodwin's (LON:GDWN) Upcoming Dividend Will Be Larger Than Last Year's
Aug 31Goodwin (LON:GDWN) Is Increasing Its Dividend To UK£1.02
Aug 17Goodwin (LON:GDWN) Seems To Use Debt Quite Sensibly
Aug 14Returns On Capital At Goodwin (LON:GDWN) Paint A Concerning Picture
May 18We Think Goodwin (LON:GDWN) Is Taking Some Risk With Its Debt
Apr 03Read This Before Buying Goodwin PLC (LON:GDWN) For Its Dividend
Mar 21Shareholders Of Goodwin (LON:GDWN) Must Be Happy With Their 100% Total Return
Mar 08Goodwin PLC's (LON:GDWN) Dismal Stock Performance Reflects Weak Fundamentals
Feb 22Is Goodwin (LON:GDWN) Struggling?
Feb 08What Type Of Shareholders Own The Most Number of Goodwin PLC (LON:GDWN) Shares?
Jan 26Have Insiders Been Selling Goodwin PLC (LON:GDWN) Shares?
Jan 13
Is Goodwin (LON:GDWN) Using Too Much Debt?
Dec 30How Does Goodwin PLC (LON:GDWN) Fare As A Dividend Stock?
Dec 17Introducing Goodwin (LON:GDWN), A Stock That Climbed 82% In The Last Three Years
Nov 30Financial Position Analysis
Short Term Liabilities: GDWN's short term assets (£134.7M) exceed its short term liabilities (£61.1M).
Long Term Liabilities: GDWN's short term assets (£134.7M) exceed its long term liabilities (£96.5M).
Debt to Equity History and Analysis
Debt Level: GDWN's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: GDWN's debt to equity ratio has increased from 26.2% to 60% over the past 5 years.
Debt Coverage: GDWN's debt is well covered by operating cash flow (35.7%).
Interest Coverage: GDWN's interest payments on its debt are well covered by EBIT (9.8x coverage).