Kier Group Balance Sheet Health
Financial Health criteria checks 4/6
Kier Group has a total shareholder equity of £517.1M and total debt of £316.5M, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are £2.2B and £1.7B respectively. Kier Group's EBIT is £78.4M making its interest coverage ratio 2. It has cash and short-term investments of £327.3M.
Key information
61.2%
Debt to equity ratio
UK£316.50m
Debt
| Interest coverage ratio | 2x |
| Cash | UK£327.30m |
| Equity | UK£517.10m |
| Total liabilities | UK£1.69b |
| Total assets | UK£2.21b |
Recent financial health updates
These 4 Measures Indicate That Kier Group (LON:KIE) Is Using Debt Reasonably Well
Sep 16
Kier Group (LON:KIE) Has A Somewhat Strained Balance Sheet
Mar 14Kier Group (LON:KIE) Has A Somewhat Strained Balance Sheet
Dec 13Recent updates
We Think Kier Group's (LON:KIE) Robust Earnings Are Conservative
Mar 18Is It Time To Consider Buying Kier Group plc (LON:KIE)?
Jan 19Sentiment Still Eluding Kier Group plc (LON:KIE)
Dec 21Shareholders Would Not Be Objecting To Kier Group plc's (LON:KIE) CEO Compensation And Here's Why
Nov 10These 4 Measures Indicate That Kier Group (LON:KIE) Is Using Debt Reasonably Well
Sep 16Kier Group (LON:KIE) Has A Somewhat Strained Balance Sheet
Mar 14Increases to CEO Compensation Might Be Put On Hold For Now at Kier Group plc (LON:KIE)
Nov 11What Does Kier Group plc's (LON:KIE) Share Price Indicate?
Mar 09Kier Group (LON:KIE) Has A Somewhat Strained Balance Sheet
Dec 13What Does Kier Group plc's (LON:KIE) Share Price Indicate?
Nov 18Kier Group's (LON:KIE) Profits Appear To Have Quality Issues
Sep 24A Look At The Fair Value Of Kier Group plc (LON:KIE)
Jun 01When Should You Buy Kier Group plc (LON:KIE)?
May 11How Many Kier Group plc (LON:KIE) Shares Do Institutions Own?
Jan 02
Financial Position Analysis
Short Term Liabilities: KIE's short term assets (£922.3M) do not cover its short term liabilities (£1.2B).
Long Term Liabilities: KIE's short term assets (£922.3M) exceed its long term liabilities (£535.1M).
Debt to Equity History and Analysis
Debt Level: KIE has more cash than its total debt.
Reducing Debt: KIE's debt to equity ratio has reduced from 89.6% to 61.2% over the past 5 years.
Debt Coverage: KIE's debt is well covered by operating cash flow (86.3%).
Interest Coverage: KIE's interest payments on its debt are not well covered by EBIT (2x coverage).