Morgan Sindall Group Balance Sheet Health
Financial Health criteria checks 5/6
Morgan Sindall Group has a total shareholder equity of £580.1M and total debt of £41.4M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are £2.0B and £1.4B respectively. Morgan Sindall Group's EBIT is £136.5M making its interest coverage ratio -13.4. It has cash and short-term investments of £391.9M.
Key information
7.1%
Debt to equity ratio
UK£41.40m
Debt
| Interest coverage ratio | -13.4x |
| Cash | UK£391.90m |
| Equity | UK£580.10m |
| Total liabilities | UK£1.45b |
| Total assets | UK£2.03b |
Recent financial health updates
These 4 Measures Indicate That Morgan Sindall Group (LON:MGNS) Is Using Debt Reasonably Well
Sep 15
Morgan Sindall Group (LON:MGNS) Has A Pretty Healthy Balance Sheet
May 03Morgan Sindall Group (LON:MGNS) Seems To Use Debt Rather Sparingly
Oct 12Morgan Sindall Group (LON:MGNS) Could Easily Take On More Debt
Mar 22These 4 Measures Indicate That Morgan Sindall Group (LON:MGNS) Is Using Debt Safely
Dec 19Does Morgan Sindall Group (LON:MGNS) Have A Healthy Balance Sheet?
Aug 25Recent updates
Subdued Growth No Barrier To Morgan Sindall Group plc (LON:MGNS) With Shares Advancing 30%
Oct 23Morgan Sindall Group (LON:MGNS) Is Due To Pay A Dividend Of £0.415
Sep 03Morgan Sindall Group (LON:MGNS) Will Pay A Dividend Of £0.415
Aug 11Is Morgan Sindall Group plc (LON:MGNS) Trading At A 32% Discount?
Jul 01Morgan Sindall Group's (LON:MGNS) Dividend Will Be Increased To £0.78
Apr 10Morgan Sindall Group (LON:MGNS) Is Increasing Its Dividend To £0.78
Mar 23Morgan Sindall Group (LON:MGNS) Will Pay A Larger Dividend Than Last Year At £0.78
Feb 27Morgan Sindall Group plc Just Recorded A 8.1% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 25Estimating The Intrinsic Value Of Morgan Sindall Group plc (LON:MGNS)
Feb 23Morgan Sindall Group plc's (LON:MGNS) Shares Not Telling The Full Story
Jan 27Is Now The Time To Look At Buying Morgan Sindall Group plc (LON:MGNS)?
Dec 21Morgan Sindall Group (LON:MGNS) Is Increasing Its Dividend To £0.36
Sep 30These 4 Measures Indicate That Morgan Sindall Group (LON:MGNS) Is Using Debt Reasonably Well
Sep 15Morgan Sindall Group (LON:MGNS) Has Announced That It Will Be Increasing Its Dividend To £0.36
Aug 25Morgan Sindall Group (LON:MGNS) Is Paying Out A Larger Dividend Than Last Year
Aug 05Should You Think About Buying Morgan Sindall Group plc (LON:MGNS) Now?
Jul 20Morgan Sindall Group (LON:MGNS) Has A Pretty Healthy Balance Sheet
May 03Morgan Sindall Group (LON:MGNS) Is Paying Out A Larger Dividend Than Last Year
Apr 05When Should You Buy Morgan Sindall Group plc (LON:MGNS)?
Mar 14Investors Should Be Encouraged By Morgan Sindall Group's (LON:MGNS) Returns On Capital
Feb 06At UK£14.62, Is It Time To Put Morgan Sindall Group plc (LON:MGNS) On Your Watch List?
Nov 09If EPS Growth Is Important To You, Morgan Sindall Group (LON:MGNS) Presents An Opportunity
Oct 27Morgan Sindall Group (LON:MGNS) Seems To Use Debt Rather Sparingly
Oct 12Why We Like The Returns At Morgan Sindall Group (LON:MGNS)
Aug 27Morgan Sindall Group (LON:MGNS) Has Announced That It Will Be Increasing Its Dividend To £0.33
Aug 08At UK£19.30, Is It Time To Put Morgan Sindall Group plc (LON:MGNS) On Your Watch List?
Jul 21Should You Be Adding Morgan Sindall Group (LON:MGNS) To Your Watchlist Today?
Jun 28Morgan Sindall Group (LON:MGNS) Is Investing Its Capital With Increasing Efficiency
May 11Morgan Sindall Group (LON:MGNS) Is Increasing Its Dividend To UK£0.62
Apr 28Morgan Sindall Group (LON:MGNS) Is Increasing Its Dividend To UK£0.62
Mar 26Morgan Sindall Group (LON:MGNS) Could Easily Take On More Debt
Mar 22Morgan Sindall Group (LON:MGNS) Will Pay A Larger Dividend Than Last Year At UK£0.62
Feb 27Morgan Sindall Group plc's (LON:MGNS) Intrinsic Value Is Potentially 24% Below Its Share Price
Feb 10The Return Trends At Morgan Sindall Group (LON:MGNS) Look Promising
Jan 23Is It Time To Consider Buying Morgan Sindall Group plc (LON:MGNS)?
Jan 11These 4 Measures Indicate That Morgan Sindall Group (LON:MGNS) Is Using Debt Safely
Dec 19Investors Will Want Morgan Sindall Group's (LON:MGNS) Growth In ROCE To Persist
Sep 29Is Now An Opportune Moment To Examine Morgan Sindall Group plc (LON:MGNS)?
Sep 06Does Morgan Sindall Group (LON:MGNS) Have A Healthy Balance Sheet?
Aug 25Financial Position Analysis
Short Term Liabilities: MGNS's short term assets (£1.6B) exceed its short term liabilities (£1.3B).
Long Term Liabilities: MGNS's short term assets (£1.6B) exceed its long term liabilities (£101.0M).
Debt to Equity History and Analysis
Debt Level: MGNS has more cash than its total debt.
Reducing Debt: MGNS's debt to equity ratio has increased from 0.4% to 7.1% over the past 5 years.
Debt Coverage: MGNS's debt is well covered by operating cash flow (446.1%).
Interest Coverage: MGNS earns more interest than it pays, so coverage of interest payments is not a concern.