Weir Group Balance Sheet Health
Financial Health criteria checks 5/6
Weir Group has a total shareholder equity of £1.7B and total debt of £1.3B, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are £3.9B and £2.2B respectively. Weir Group's EBIT is £367.0M making its interest coverage ratio 8.6. It has cash and short-term investments of £707.2M.
Key information
75.3%
Debt to equity ratio
UK£1.28b
Debt
| Interest coverage ratio | 8.6x |
| Cash | UK£707.20m |
| Equity | UK£1.70b |
| Total liabilities | UK£2.19b |
| Total assets | UK£3.89b |
Recent financial health updates
Weir Group (LON:WEIR) Seems To Use Debt Quite Sensibly
Dec 04
We Think Weir Group (LON:WEIR) Can Stay On Top Of Its Debt
Aug 17Here's Why Weir Group (LON:WEIR) Can Manage Its Debt Responsibly
Mar 17Does Weir Group (LON:WEIR) Have A Healthy Balance Sheet?
Sep 27These 4 Measures Indicate That Weir Group (LON:WEIR) Is Using Debt Reasonably Well
Jun 27Is Weir Group (LON:WEIR) A Risky Investment?
Mar 15Recent updates
Weir Group's (LON:WEIR) Upcoming Dividend Will Be Larger Than Last Year's
Apr 06A Look At The Fair Value Of The Weir Group PLC (LON:WEIR)
Apr 04If EPS Growth Is Important To You, Weir Group (LON:WEIR) Presents An Opportunity
Mar 15What Is The Weir Group PLC's (LON:WEIR) Share Price Doing?
Feb 20Returns On Capital At Weir Group (LON:WEIR) Have Hit The Brakes
Jan 19Calculating The Intrinsic Value Of The Weir Group PLC (LON:WEIR)
Jan 02The Weir Group PLC's (LON:WEIR) Popularity With Investors Is Under Threat From Overpricing
Dec 18Weir Group (LON:WEIR) Seems To Use Debt Quite Sensibly
Dec 04At UK£17.45, Is It Time To Put The Weir Group PLC (LON:WEIR) On Your Watch List?
Nov 08If EPS Growth Is Important To You, Weir Group (LON:WEIR) Presents An Opportunity
Oct 24Returns On Capital At Weir Group (LON:WEIR) Have Hit The Brakes
Sep 27Calculating The Intrinsic Value Of The Weir Group PLC (LON:WEIR)
Sep 12Weir Group (LON:WEIR) Is Increasing Its Dividend To £0.178
Aug 28We Think Weir Group (LON:WEIR) Can Stay On Top Of Its Debt
Aug 17Weir Group's (LON:WEIR) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 04What Is The Weir Group PLC's (LON:WEIR) Share Price Doing?
Jul 26We Ran A Stock Scan For Earnings Growth And Weir Group (LON:WEIR) Passed With Ease
Jul 07A Look At The Fair Value Of The Weir Group PLC (LON:WEIR)
May 19Weir Group (LON:WEIR) Will Pay A Larger Dividend Than Last Year At £0.193
Apr 05Here's Why Weir Group (LON:WEIR) Can Manage Its Debt Responsibly
Mar 17Here's Why We Think Weir Group (LON:WEIR) Might Deserve Your Attention Today
Mar 04Weir Group (LON:WEIR) Is Paying Out A Larger Dividend Than Last Year
Mar 04The Weir Group PLC (LON:WEIR) Shares Could Be 23% Above Their Intrinsic Value Estimate
Feb 14When Should You Buy The Weir Group PLC (LON:WEIR)?
Dec 03Should You Be Adding Weir Group (LON:WEIR) To Your Watchlist Today?
Nov 18Are Investors Undervaluing The Weir Group PLC (LON:WEIR) By 27%?
Oct 31Weir Group's (LON:WEIR) Upcoming Dividend Will Be Larger Than Last Year's
Sep 28Does Weir Group (LON:WEIR) Have A Healthy Balance Sheet?
Sep 27Weir Group's (LON:WEIR) Dividend Will Be Increased To £0.135
Sep 12Weir Group (LON:WEIR) Will Pay A Larger Dividend Than Last Year At £0.135
Aug 29Do Weir Group's (LON:WEIR) Earnings Warrant Your Attention?
Aug 16Weir Group's (LON:WEIR) Upcoming Dividend Will Be Larger Than Last Year's
Jul 31Should You Think About Buying The Weir Group PLC (LON:WEIR) Now?
Jul 18These 4 Measures Indicate That Weir Group (LON:WEIR) Is Using Debt Reasonably Well
Jun 27Is There An Opportunity With The Weir Group PLC's (LON:WEIR) 25% Undervaluation?
Jun 09What Does The Weir Group PLC's (LON:WEIR) Share Price Indicate?
Apr 11The Weir Group PLC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 24Is Weir Group (LON:WEIR) A Risky Investment?
Mar 15Estimating The Intrinsic Value Of The Weir Group PLC (LON:WEIR)
Feb 27Is Now An Opportune Moment To Examine The Weir Group PLC (LON:WEIR)?
Dec 28Financial Position Analysis
Short Term Liabilities: WEIR's short term assets (£1.9B) exceed its short term liabilities (£923.4M).
Long Term Liabilities: WEIR's short term assets (£1.9B) exceed its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: WEIR's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: WEIR's debt to equity ratio has increased from 65.2% to 75.3% over the past 5 years.
Debt Coverage: WEIR's debt is well covered by operating cash flow (30.8%).
Interest Coverage: WEIR's interest payments on its debt are well covered by EBIT (8.6x coverage).