Severfield Balance Sheet Health
Financial Health criteria checks 6/6
Severfield has a total shareholder equity of £218.3M and total debt of £25.5M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are £377.4M and £159.2M respectively. Severfield's EBIT is £31.2M making its interest coverage ratio 10.9. It has cash and short-term investments of £25.7M.
Key information
11.7%
Debt to equity ratio
UK£25.53m
Debt
| Interest coverage ratio | 10.9x |
| Cash | UK£25.66m |
| Equity | UK£218.26m |
| Total liabilities | UK£159.17m |
| Total assets | UK£377.43m |
Recent financial health updates
Is Severfield (LON:SFR) Using Too Much Debt?
Sep 12
Severfield (LON:SFR) Seems To Use Debt Quite Sensibly
Aug 20Recent updates
Severfield plc's (LON:SFR) Share Price Is Matching Sentiment Around Its Earnings
Mar 28Is Severfield (LON:SFR) Using Too Much Debt?
Sep 12Severfield's (LON:SFR) Dividend Will Be Increased To £0.021
Aug 10Severfield (LON:SFR) Is Increasing Its Dividend To £0.021
Jul 27Severfield plc (LON:SFR) Just Released Its Full-Year Earnings: Here's What Analysts Think
Jun 17Should You Investigate Severfield plc (LON:SFR) At UK£0.68?
Jun 15Is Now The Time To Look At Buying Severfield plc (LON:SFR)?
Nov 08Severfield's (LON:SFR) Returns Have Hit A Wall
Sep 30Severfield (LON:SFR) Seems To Use Debt Quite Sensibly
Aug 20Severfield's (LON:SFR) Dividend Will Be UK£0.012
Nov 25An Intrinsic Calculation For Severfield plc (LON:SFR) Suggests It's 42% Undervalued
Oct 13This Is Why Severfield plc's (LON:SFR) CEO Compensation Looks Appropriate
Aug 26Severfield (LON:SFR) Will Pay A Dividend Of UK£0.018
Jul 31Financial Position Analysis
Short Term Liabilities: SFR's short term assets (£118.0M) exceed its short term liabilities (£105.6M).
Long Term Liabilities: SFR's short term assets (£118.0M) exceed its long term liabilities (£53.6M).
Debt to Equity History and Analysis
Debt Level: SFR has more cash than its total debt.
Reducing Debt: SFR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SFR's debt is well covered by operating cash flow (267.9%).
Interest Coverage: SFR's interest payments on its debt are well covered by EBIT (10.9x coverage).