Genuit Group Balance Sheet Health
Financial Health criteria checks 5/6
Genuit Group has a total shareholder equity of £636.6M and total debt of £142.9M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are £978.8M and £342.2M respectively. Genuit Group's EBIT is £82.5M making its interest coverage ratio 6.7. It has cash and short-term investments of £17.0M.
Key information
22.4%
Debt to equity ratio
UK£142.90m
Debt
| Interest coverage ratio | 6.7x |
| Cash | UK£17.00m |
| Equity | UK£636.60m |
| Total liabilities | UK£342.20m |
| Total assets | UK£978.80m |
Recent financial health updates
Genuit Group (LON:GEN) Seems To Use Debt Quite Sensibly
Oct 19
These 4 Measures Indicate That Genuit Group (LON:GEN) Is Using Debt Reasonably Well
May 05Here's Why Genuit Group (LON:GEN) Can Manage Its Debt Responsibly
Dec 09Does Genuit Group (LON:GEN) Have A Healthy Balance Sheet?
Jun 24Does Genuit Group (LON:GEN) Have A Healthy Balance Sheet?
Mar 16Genuit Group (LON:GEN) Seems To Use Debt Rather Sparingly
Sep 28Recent updates
Be Wary Of Genuit Group (LON:GEN) And Its Returns On Capital
Apr 20Genuit Group's (LON:GEN) Dividend Will Be Increased To £0.083
Mar 15Earnings Tell The Story For Genuit Group plc (LON:GEN) As Its Stock Soars 25%
Dec 18There Are Reasons To Feel Uneasy About Genuit Group's (LON:GEN) Returns On Capital
Dec 06Genuit Group (LON:GEN) Seems To Use Debt Quite Sensibly
Oct 19Should You Investigate Genuit Group plc (LON:GEN) At UK£3.01?
Oct 05Genuit Group (LON:GEN) Has Announced A Dividend Of £0.041
Aug 18Are Genuit Group plc (LON:GEN) Investors Paying Above The Intrinsic Value?
May 20These 4 Measures Indicate That Genuit Group (LON:GEN) Is Using Debt Reasonably Well
May 05Some Investors May Be Worried About Genuit Group's (LON:GEN) Returns On Capital
Mar 22Is Now The Time To Look At Buying Genuit Group plc (LON:GEN)?
Feb 03Here's Why Genuit Group (LON:GEN) Can Manage Its Debt Responsibly
Dec 09Returns On Capital Signal Tricky Times Ahead For Genuit Group (LON:GEN)
Nov 04Why Genuit Group plc (LON:GEN) Could Be Worth Watching
Sep 21Genuit Group's (LON:GEN) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 19Investors Could Be Concerned With Genuit Group's (LON:GEN) Returns On Capital
Jul 21Does Genuit Group (LON:GEN) Have A Healthy Balance Sheet?
Jun 24A Look At The Fair Value Of Genuit Group plc (LON:GEN)
Jun 11Is There Now An Opportunity In Genuit Group plc (LON:GEN)?
May 12Returns On Capital At Genuit Group (LON:GEN) Paint A Concerning Picture
Apr 12Does Genuit Group (LON:GEN) Have A Healthy Balance Sheet?
Mar 16Calculating The Intrinsic Value Of Genuit Group plc (LON:GEN)
Feb 28Should You Think About Buying Genuit Group plc (LON:GEN) Now?
Feb 07Genuit Group's (LON:GEN) Returns On Capital Not Reflecting Well On The Business
Dec 22Is Genuit Group plc (LON:GEN) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 21When Should You Buy Genuit Group plc (LON:GEN)?
Nov 08Genuit Group (LON:GEN) Seems To Use Debt Rather Sparingly
Sep 28Genuit Group (LON:GEN) Will Want To Turn Around Its Return Trends
Aug 29Is Now The Time To Look At Buying Genuit Group plc (LON:GEN)?
Jun 21Does Polypipe Group's (LON:PLP) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 01Is Polypipe Group plc (LON:PLP) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 14
Financial Position Analysis
Short Term Liabilities: GEN's short term assets (£182.7M) exceed its short term liabilities (£130.8M).
Long Term Liabilities: GEN's short term assets (£182.7M) do not cover its long term liabilities (£211.4M).
Debt to Equity History and Analysis
Debt Level: GEN's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: GEN's debt to equity ratio has reduced from 63.8% to 22.4% over the past 5 years.
Debt Coverage: GEN's debt is well covered by operating cash flow (68.3%).
Interest Coverage: GEN's interest payments on its debt are well covered by EBIT (6.7x coverage).