Christie Group Balance Sheet Health
Financial Health criteria checks 5/6
Christie Group has a total shareholder equity of £5.9M and total debt of £1.7M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are £31.9M and £26.0M respectively. Christie Group's EBIT is £1.7M making its interest coverage ratio 1.8. It has cash and short-term investments of £3.6M.
Key information
29.1%
Debt to equity ratio
UK£1.71m
Debt
| Interest coverage ratio | 1.8x |
| Cash | UK£3.65m |
| Equity | UK£5.86m |
| Total liabilities | UK£26.04m |
| Total assets | UK£31.90m |
Recent financial health updates
We Think Christie Group (LON:CTG) Is Taking Some Risk With Its Debt
Oct 11
Christie Group (LON:CTG) Has A Rock Solid Balance Sheet
Apr 26Recent updates
Christie Group (LON:CTG) Will Want To Turn Around Its Return Trends
Feb 24We Think Christie Group (LON:CTG) Is Taking Some Risk With Its Debt
Oct 11Here's What Christie Group's (LON:CTG) Strong Returns On Capital Mean
Aug 08At UK£1.40, Is It Time To Put Christie Group plc (LON:CTG) On Your Watch List?
Jul 08Christie Group (LON:CTG) Has A Rock Solid Balance Sheet
Apr 26What Does Christie Group plc's (LON:CTG) Share Price Indicate?
Feb 03At UK£1.20, Is It Time To Put Christie Group plc (LON:CTG) On Your Watch List?
May 21At UK£1.15, Is Christie Group plc (LON:CTG) Worth Looking At Closely?
Jan 20Should You Think About Buying Christie Group plc (LON:CTG) Now?
Sep 25Financial Position Analysis
Short Term Liabilities: CTG's short term assets (£16.9M) exceed its short term liabilities (£14.8M).
Long Term Liabilities: CTG's short term assets (£16.9M) exceed its long term liabilities (£11.2M).
Debt to Equity History and Analysis
Debt Level: CTG has more cash than its total debt.
Reducing Debt: CTG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CTG's debt is well covered by operating cash flow (101.5%).
Interest Coverage: CTG's interest payments on its debt are not well covered by EBIT (1.8x coverage).