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 ratio | 0.6x |
| Cash | UK£100.70m |
| Equity | UK£215.10m |
| Total liabilities | UK£1.07b |
| Total assets | UK£1.28b |
Recent financial health updates
Is SIG (LON:SHI) A Risky Investment?
Oct 13
Does SIG (LON:SHI) Have A Healthy Balance Sheet?
Jun 06Is SIG (LON:SHI) Using Too Much Debt?
Sep 10Auditors Have Doubts About SIG (LON:SHI)
Apr 12Recent updates
Little Excitement Around SIG plc's (LON:SHI) Revenues
Jul 12Is SIG (LON:SHI) A Risky Investment?
Oct 13At UK£0.29, Is It Time To Put SIG plc (LON:SHI) On Your Watch List?
Jul 11Does SIG (LON:SHI) Have A Healthy Balance Sheet?
Jun 06We Think SIG's (LON:SHI) Profit Is Only A Baseline For What They Can Achieve
Mar 16A Look At The Intrinsic Value Of SIG plc (LON:SHI)
Jan 11Is SIG (LON:SHI) Using Too Much Debt?
Sep 10A Look At The Intrinsic Value Of SIG plc (LON:SHI)
May 03SIG plc's (LON:SHI) Intrinsic Value Is Potentially 28% Above Its Share Price
Dec 14Calculating The Fair Value Of SIG plc (LON:SHI)
Sep 10SIG plc (LON:SHI) Shares Could Be 31% Above Their Intrinsic Value Estimate
Jun 08Auditors Have Doubts About SIG (LON:SHI)
Apr 12SIG plc (LON:SHI) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 28SIG (LON:SHI) Share Prices Have Dropped 71% In The Last Five Years
Mar 09Have Insiders Been Buying SIG plc (LON:SHI) Shares This Year?
Jan 12
SIG (LON:SHI) Share Prices Have Dropped 81% In The Last Three Years
Nov 19Financial 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.