Begbies Traynor Group Balance Sheet Health
Financial Health criteria checks 6/6
Begbies Traynor Group has a total shareholder equity of £80.2M and total debt of £7.0M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are £155.9M and £75.7M respectively. Begbies Traynor Group's EBIT is £14.0M making its interest coverage ratio 9.6. It has cash and short-term investments of £8.1M.
Key information
8.7%
Debt to equity ratio
UK£7.00m
Debt
| Interest coverage ratio | 9.6x |
| Cash | UK£8.06m |
| Equity | UK£80.18m |
| Total liabilities | UK£75.71m |
| Total assets | UK£155.89m |
Recent financial health updates
Begbies Traynor Group (LON:BEG) Could Easily Take On More Debt
Mar 15
Here's Why Begbies Traynor Group (LON:BEG) Can Manage Its Debt Responsibly
Dec 10
Recent updates
Begbies Traynor Group (LON:BEG) Is Due To Pay A Dividend Of £0.013
Dec 14Begbies Traynor Group (LON:BEG) Is Increasing Its Dividend To £0.012
Apr 05Begbies Traynor Group (LON:BEG) Has Announced That It Will Be Increasing Its Dividend To £0.012
Feb 01Begbies Traynor Group's (LON:BEG) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 09Begbies Traynor Group (LON:BEG) Is Paying Out A Larger Dividend Than Last Year
Dec 16Begbies Traynor Group (LON:BEG) Is Paying Out A Larger Dividend Than Last Year
Sep 23Begbies Traynor Group (LON:BEG) Is Increasing Its Dividend To £0.024
Aug 26Begbies Traynor Group (LON:BEG) Is Paying Out A Larger Dividend Than Last Year
Aug 08Begbies Traynor Group's (LON:BEG) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22Begbies Traynor Group (LON:BEG) Could Easily Take On More Debt
Mar 15Begbies Traynor Group (LON:BEG) Has Announced That It Will Be Increasing Its Dividend To UK£0.011
Dec 16Should You Buy Begbies Traynor Group plc (LON:BEG) For Its Dividend?
Apr 19Begbies Traynor Group (LON:BEG) Has Gifted Shareholders With A Fantastic 179% Total Return On Their Investment
Jan 14Here's What To Make Of Begbies Traynor Group's (LON:BEG) Returns On Capital
Dec 28Here's Why Begbies Traynor Group (LON:BEG) Can Manage Its Debt Responsibly
Dec 10Know This Before Buying Begbies Traynor Group plc (LON:BEG) For Its Dividend
Nov 22Financial Position Analysis
Short Term Liabilities: BEG's short term assets (£68.3M) exceed its short term liabilities (£51.4M).
Long Term Liabilities: BEG's short term assets (£68.3M) exceed its long term liabilities (£24.3M).
Debt to Equity History and Analysis
Debt Level: BEG has more cash than its total debt.
Reducing Debt: BEG's debt to equity ratio has reduced from 18.1% to 8.7% over the past 5 years.
Debt Coverage: BEG's debt is well covered by operating cash flow (179.2%).
Interest Coverage: BEG's interest payments on its debt are well covered by EBIT (9.6x coverage).