SIG plc

LSE:SHI Stock Report

Market Cap: UK£173.3m

SIG Balance Sheet Health

Financial Health criteria checks 4/6

SIG has a total shareholder equity of £215.1M and total debt of £255.8M, which brings its debt-to-equity ratio to 118.9%. Its total assets and total liabilities are £1.3B and £1.1B respectively. SIG's EBIT is £22.1M making its interest coverage ratio 0.6. It has cash and short-term investments of £100.7M.

Key information

118.9%

Debt to equity ratio

UK£255.80m

Debt

Interest coverage ratio0.6x
CashUK£100.70m
EquityUK£215.10m
Total liabilitiesUK£1.07b
Total assetsUK£1.28b

Recent financial health updates

Is SIG (LON:SHI) A Risky Investment?

Oct 13
Is SIG (LON:SHI) A Risky Investment?

Does SIG (LON:SHI) Have A Healthy Balance Sheet?

Jun 06
Does SIG (LON:SHI) Have A Healthy Balance Sheet?

Is SIG (LON:SHI) Using Too Much Debt?

Sep 10
Is SIG (LON:SHI) Using Too Much Debt?

Auditors Have Doubts About SIG (LON:SHI)

Apr 12
Auditors Have Doubts About SIG (LON:SHI)

Recent updates

SIG plc (LON:SHI) Held Back By Insufficient Growth Even After Shares Climb 26%

Oct 27
SIG plc (LON:SHI) Held Back By Insufficient Growth Even After Shares Climb 26%

Little Excitement Around SIG plc's (LON:SHI) Revenues

Jul 12
Little Excitement Around SIG plc's (LON:SHI) Revenues

Is SIG (LON:SHI) A Risky Investment?

Oct 13
Is SIG (LON:SHI) A Risky Investment?

At UK£0.29, Is It Time To Put SIG plc (LON:SHI) On Your Watch List?

Jul 11
At UK£0.29, Is It Time To Put SIG plc (LON:SHI) On Your Watch List?

Does SIG (LON:SHI) Have A Healthy Balance Sheet?

Jun 06
Does SIG (LON:SHI) Have A Healthy Balance Sheet?

We Think SIG's (LON:SHI) Profit Is Only A Baseline For What They Can Achieve

Mar 16
We Think SIG's (LON:SHI) Profit Is Only A Baseline For What They Can Achieve

A Look At The Intrinsic Value Of SIG plc (LON:SHI)

Jan 11
A Look At The Intrinsic Value Of SIG plc (LON:SHI)

Is SIG (LON:SHI) Using Too Much Debt?

Sep 10
Is SIG (LON:SHI) Using Too Much Debt?

A Look At The Intrinsic Value Of SIG plc (LON:SHI)

May 03
A Look At The Intrinsic Value Of SIG plc (LON:SHI)

SIG plc's (LON:SHI) Intrinsic Value Is Potentially 28% Above Its Share Price

Dec 14
SIG plc's (LON:SHI) Intrinsic Value Is Potentially 28% Above Its Share Price

Calculating The Fair Value Of SIG plc (LON:SHI)

Sep 10
Calculating The Fair Value Of SIG plc (LON:SHI)

SIG plc (LON:SHI) Shares Could Be 31% Above Their Intrinsic Value Estimate

Jun 08
SIG plc (LON:SHI) Shares Could Be 31% Above Their Intrinsic Value Estimate

Auditors Have Doubts About SIG (LON:SHI)

Apr 12
Auditors Have Doubts About SIG (LON:SHI)

SIG plc (LON:SHI) Analysts Are Pretty Bullish On The Stock After Recent Results

Mar 28
SIG plc (LON:SHI) Analysts Are Pretty Bullish On The Stock After Recent Results

SIG (LON:SHI) Share Prices Have Dropped 71% In The Last Five Years

Mar 09
SIG (LON:SHI) Share Prices Have Dropped 71% In The Last Five Years

Have Insiders Been Buying SIG plc (LON:SHI) Shares This Year?

Jan 12
Have Insiders Been Buying SIG plc (LON:SHI) Shares This Year?

SIG (LON:SHI) Share Prices Have Dropped 81% In The Last Three Years

Nov 19
SIG (LON:SHI) Share Prices Have Dropped 81% In The Last Three Years

Financial Position Analysis

Short Term Liabilities: SHI's short term assets (£813.1M) exceed its short term liabilities (£519.1M).

Long Term Liabilities: SHI's short term assets (£813.1M) exceed its long term liabilities (£550.6M).

Debt to Equity History and Analysis

Debt Level: SHI's net debt to equity ratio (72.1%) is considered high.

Reducing Debt: SHI's debt to equity ratio has increased from 65.2% to 118.9% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SHI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SHI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.5% per year.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 02:34
End of Day Share Price 2025/01/30 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SIG plc is covered by 28 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert ChantryBerenberg
Joel SpunginBofA Global Research
Aynsley LamminCanaccord Genuity