Knights Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Knights Group Holdings has a total shareholder equity of £100.3M and total debt of £40.6M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are £219.1M and £118.8M respectively. Knights Group Holdings's EBIT is £16.9M making its interest coverage ratio -3.5. It has cash and short-term investments of £5.5M.
Key information
40.5%
Debt to equity ratio
UK£40.62m
Debt
| Interest coverage ratio | -3.5x |
| Cash | UK£5.45m |
| Equity | UK£100.26m |
| Total liabilities | UK£118.84m |
| Total assets | UK£219.10m |
Recent financial health updates
Is Knights Group Holdings (LON:KGH) Using Too Much Debt?
Sep 27
Is Knights Group Holdings (LON:KGH) Using Too Much Debt?
Sep 26Is Knights Group Holdings (LON:KGH) A Risky Investment?
Apr 22Recent updates
Cautious Investors Not Rewarding Knights Group Holdings plc's (LON:KGH) Performance Completely
Oct 30Knights Group Holdings (LON:KGH) Will Pay A Larger Dividend Than Last Year At £0.0279
Jul 23Knights Group Holdings' (LON:KGH) Strong Earnings Are Of Good Quality
Jul 15Should You Think About Buying Knights Group Holdings plc (LON:KGH) Now?
May 21Knights Group Holdings plc's (LON:KGH) Shares Leap 28% Yet They're Still Not Telling The Full Story
May 21Sentiment Still Eluding Knights Group Holdings plc (LON:KGH)
Feb 29Knights Group Holdings (LON:KGH) Is Due To Pay A Dividend Of £0.0161
Jan 28Knights Group Holdings (LON:KGH) Will Pay A Dividend Of £0.0161
Jan 14Is Knights Group Holdings (LON:KGH) Using Too Much Debt?
Sep 27Knights Group Holdings plc (LON:KGH) Just Reported, And Analysts Assigned A UK£1.90 Price Target
Jul 12Is It Too Late To Consider Buying Knights Group Holdings plc (LON:KGH)?
Jun 13Knights Group Holdings (LON:KGH) Is Increasing Its Dividend To £0.0153
Jan 19Is Knights Group Holdings (LON:KGH) Using Too Much Debt?
Sep 26Is Knights Group Holdings (LON:KGH) A Risky Investment?
Apr 22Some Investors May Be Worried About Knights Group Holdings' (LON:KGH) Returns On Capital
May 31A Look At The Fair Value Of Knights Group Holdings plc (LON:KGH)
Mar 11Trade Alert: The CEO & Director Of Knights Group Holdings plc (LON:KGH), Andrew Beech, Has Sold Some Shares Recently
Jan 31The Trends At Knights Group Holdings (LON:KGH) That You Should Know About
Jan 18How Much Are Knights Group Holdings plc (LON:KGH) Insiders Taking Off The Table?
Dec 27
Financial Position Analysis
Short Term Liabilities: KGH's short term assets (£79.1M) exceed its short term liabilities (£30.7M).
Long Term Liabilities: KGH's short term assets (£79.1M) do not cover its long term liabilities (£88.1M).
Debt to Equity History and Analysis
Debt Level: KGH's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: KGH's debt to equity ratio has reduced from 48.4% to 40.5% over the past 5 years.
Debt Coverage: KGH's debt is well covered by operating cash flow (56.2%).
Interest Coverage: KGH earns more interest than it pays, so coverage of interest payments is not a concern.