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 26Recent updates
Cautious Investors Not Rewarding Christie Group plc's (LON:CTG) Performance Completely
Sep 14Christie 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 (£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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 02:46 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Christie Group plc is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Ashworth | Charles Stanley & Co. Ltd. |
| Peter Ashworth | Charles Stanley Securities |
| Peter Ashworth | Panmure Liberum Historic (Panmure Gordon) |