Christie Group Balance Sheet Health

Financial Health criteria checks 2/6

Christie Group has a total shareholder equity of £2.4M and total debt of £3.1M, which brings its debt-to-equity ratio to 130.4%. Its total assets and total liabilities are £30.2M and £27.8M respectively. Christie Group's EBIT is £184.0K making its interest coverage ratio 0.2. It has cash and short-term investments of £705.0K.

Key information

130.4%

Debt to equity ratio

UK£3.09m

Debt

Interest coverage ratio	0.2x
Cash	UK£705.00k
Equity	UK£2.37m
Total liabilities	UK£27.82m
Total assets	UK£30.19m

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 26

Recent updates

Cautious Investors Not Rewarding Christie Group plc's (LON:CTG) Performance Completely

Sep 14

Financial Position Analysis

Short Term Liabilities: CTG's short term assets (£14.6M) do not cover its short term liabilities (£17.4M).

Long Term Liabilities: CTG's short term assets (£14.6M) exceed its long term liabilities (£10.5M).

Debt to Equity History and Analysis

Debt Level: CTG's net debt to equity ratio (100.7%) is considered high.

Reducing Debt: CTG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: CTG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CTG's interest payments on its debt are not well covered by EBIT (0.2x coverage).

Christie Group Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

We Think Christie Group (LON:CTG) Is Taking Some Risk With Its Debt

Christie Group (LON:CTG) Has A Rock Solid Balance Sheet

Recent updates

RGIS Inventory Specialists Limited acquired Orridge Holdings Ltd from Christie Group plc (AIM:CTG) for £5 million.

First half 2024 earnings released: UK£0.035 loss per share (vs UK£0.054 loss in 1H 2023)

First half dividend of UK£0.005 announced

New major risk - Financial position

Christie Group plc Appoints Simon Herrick as Permanent Independent Non-Executive Chair

New major risk - Revenue and earnings growth

Christie Group plc Provides Earnings Guidance for the Six Months Ended 30Th June 2024

Cautious Investors Not Rewarding Christie Group plc's (LON:CTG) Performance Completely

Christie Group plc Recommends Final Dividend, Payable on 12 July 2024

Full year 2023 earnings released: UK£0.15 loss per share (vs UK£0.12 profit in FY 2022)

Now 22% overvalued after recent price rise

New minor risk - Financial data availability

New minor risk - Share price stability

Now 22% overvalued

Christie Group plc, Annual General Meeting, Jun 13, 2024

Christie Group (LON:CTG) Will Want To Turn Around Its Return Trends

Christie Group plc Provides Earnings Guidance for the Second Half and Full Year of 2023

We Think Christie Group (LON:CTG) Is Taking Some Risk With Its Debt

Investor sentiment improves as stock rises 17%

First half 2023 earnings released: UK£0.054 loss per share (vs UK£0.054 profit in 1H 2022)

Christie Group plc Declares an Interim Dividend, Payable on 3 November 2023

New minor risk - Profit margin trend

New major risk - Revenue and earnings growth

Here's What Christie Group's (LON:CTG) Strong Returns On Capital Mean

Investor sentiment deteriorates as stock falls 24%

Christie Group plc Announces Executive Changes

Christie Group plc Announces Executive Changes

Investor sentiment improves as stock rises 16%

At UK£1.40, Is It Time To Put Christie Group plc (LON:CTG) On Your Watch List?

Upcoming dividend of UK£0.025 per share at 3.1% yield

Investor sentiment deteriorates as stock falls 19%

Christie Group plc Provides Trading Guidance for the Full Year Ending December 31, 2023

Christie Group (LON:CTG) Has A Rock Solid Balance Sheet

Full year 2022 earnings released

What Does Christie Group plc's (LON:CTG) Share Price Indicate?

Less than half of directors are independent

Upcoming dividend of UK£0.013 per share

Christie Group plc Declares Interim Dividend for the First Half of 2022, Payable on 4 November 2022

First half 2022 earnings released: EPS: UK£0.054 (vs UK£0.032 in 1H 2021)

Upcoming dividend of UK£0.02 per share

At UK£1.20, Is It Time To Put Christie Group plc (LON:CTG) On Your Watch List?

Full year 2021 earnings released: EPS: UK£0.14 (vs UK£0.19 loss in FY 2020)

Less than half of directors are independent

Christie Group plc Proposes Dividend in Respect of the Year Ended 31 December 2021

Christie Group plc, Annual General Meeting, Jun 15, 2022

At UK£1.15, Is Christie Group plc (LON:CTG) Worth Looking At Closely?

Should You Think About Buying Christie Group plc (LON:CTG) Now?

Upcoming dividend of UK£0.01 per share

First half 2021 earnings released: EPS UK£0.032 (vs UK£0.18 loss in 1H 2020)

Independent Non-Executive Director Victoria Muir has left the company

Non-Executive Director Christopher Day has left the company

Full year 2020 earnings released: UK£0.19 loss per share (vs UK£0.15 profit in FY 2019)

New 90-day high: UK£1.01

New 90-day high: UK£0.95

New 90-day high: UK£0.93

Christie Group plc Appoints Darren Flac as Managing Director of Orridge's UK Retail and Pharmacy Stocktaking Businesses

New 90-day high: UK£0.83

New 90-day low: UK£0.67

New 90-day high: UK£0.82

Full year earnings released - EPS UK£0.15

New 90-day low - UK£0.69

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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