Macfarlane Group Balance Sheet Health
Financial Health criteria checks 6/6
Macfarlane Group has a total shareholder equity of £117.4M and total debt of £9.0M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are £231.5M and £114.1M respectively. Macfarlane Group's EBIT is £22.4M making its interest coverage ratio 9.5. It has cash and short-term investments of £9.8M.
Key information
7.6%
Debt to equity ratio
UK£8.98m
Debt
| Interest coverage ratio | 9.5x |
| Cash | UK£9.78m |
| Equity | UK£117.40m |
| Total liabilities | UK£114.06m |
| Total assets | UK£231.46m |
Recent financial health updates
Is Macfarlane Group (LON:MACF) A Risky Investment?
May 14
Macfarlane Group (LON:MACF) Seems To Use Debt Quite Sensibly
Mar 30We Think Macfarlane Group (LON:MACF) Can Stay On Top Of Its Debt
Nov 29Recent updates
Is Macfarlane Group (LON:MACF) A Risky Investment?
May 14Here's Why Shareholders May Want To Be Cautious With Increasing Macfarlane Group PLC's (LON:MACF) CEO Pay Packet
May 01Macfarlane Group (LON:MACF) Has Announced That It Will Be Increasing Its Dividend To £0.0265
Apr 26Macfarlane Group (LON:MACF) Is Increasing Its Dividend To £0.0265
Mar 03Macfarlane Group's (LON:MACF) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 10Macfarlane Group's (LON:MACF) Dividend Will Be Increased To £0.0094
Aug 27Macfarlane Group (LON:MACF) Is Paying Out A Larger Dividend Than Last Year
May 11Macfarlane Group's (LON:MACF) Dividend Will Be Increased To £0.0252
Apr 05Macfarlane Group (LON:MACF) Has Announced That It Will Be Increasing Its Dividend To £0.0252
Feb 26Macfarlane Group (LON:MACF) Will Pay A Larger Dividend Than Last Year At £0.009
Sep 04Macfarlane Group (LON:MACF) Is Increasing Its Dividend To UK£0.023
Apr 28Macfarlane Group's (LON:MACF) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Macfarlane Group (LON:MACF) Will Pay A Larger Dividend Than Last Year At UK£0.0087
Sep 13Macfarlane Group's (LON:MACF) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29With EPS Growth And More, Macfarlane Group (LON:MACF) Is Interesting
Jun 14Here's What To Make Of Macfarlane Group's (LON:MACF) Decelerating Rates Of Return
May 04Macfarlane Group (LON:MACF) Seems To Use Debt Quite Sensibly
Mar 30Calculating The Intrinsic Value Of Macfarlane Group PLC (LON:MACF)
Mar 19Is It Time To Consider Buying Macfarlane Group PLC (LON:MACF)?
Mar 08Introducing Macfarlane Group (LON:MACF), A Stock That Climbed 40% In The Last Five Years
Feb 23Could The Market Be Wrong About Macfarlane Group PLC (LON:MACF) Given Its Attractive Financial Prospects?
Feb 08
Here's Why I Think Macfarlane Group (LON:MACF) Is An Interesting Stock
Jan 26Should You Be Impressed By Macfarlane Group's (LON:MACF) Returns on Capital?
Jan 14Here's Why We Think Macfarlane Group's (LON:MACF) Statutory Earnings Might Be Conservative
Jan 02Macfarlane Group PLC (LON:MACF) Has Got What It Takes To Be An Attractive Dividend Stock
Dec 21Is Macfarlane Group PLC (LON:MACF) Popular Amongst Institutions?
Dec 09We Think Macfarlane Group (LON:MACF) Can Stay On Top Of Its Debt
Nov 29What Can We Conclude About Macfarlane Group's (LON:MACF) CEO Pay?
Nov 19Financial Position Analysis
Short Term Liabilities: MACF's short term assets (£80.6M) exceed its short term liabilities (£67.4M).
Long Term Liabilities: MACF's short term assets (£80.6M) exceed its long term liabilities (£46.6M).
Debt to Equity History and Analysis
Debt Level: MACF has more cash than its total debt.
Reducing Debt: MACF's debt to equity ratio has reduced from 30.1% to 7.6% over the past 5 years.
Debt Coverage: MACF's debt is well covered by operating cash flow (303.8%).
Interest Coverage: MACF's interest payments on its debt are well covered by EBIT (9.5x coverage).