Serco Group Balance Sheet Health

Financial Health criteria checks 5/6

Serco Group has a total shareholder equity of £1.0B and total debt of £206.2M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are £2.6B and £1.6B respectively. Serco Group's EBIT is £188.8M making its interest coverage ratio 8.7. It has cash and short-term investments of £94.4M.

Key information

19.9%

Debt to equity ratio

UK£206.20m

Debt

Interest coverage ratio8.7x
CashUK£94.40m
EquityUK£1.03b
Total liabilitiesUK£1.58b
Total assetsUK£2.61b

Recent financial health updates

Recent updates

With EPS Growth And More, Serco Group (LON:SRP) Makes An Interesting Case

Feb 23
With EPS Growth And More, Serco Group (LON:SRP) Makes An Interesting Case

Is Serco Group plc (LON:SRP) Worth UK£1.6 Based On Its Intrinsic Value?

Dec 13
Is Serco Group plc (LON:SRP) Worth UK£1.6 Based On Its Intrinsic Value?

Here's Why Serco Group (LON:SRP) Can Manage Its Debt Responsibly

Nov 10
Here's Why Serco Group (LON:SRP) Can Manage Its Debt Responsibly

Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 04
Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year

Serco Group (LON:SRP) Is Increasing Its Dividend To £0.0114

Aug 20
Serco Group (LON:SRP) Is Increasing Its Dividend To £0.0114

Serco Group (LON:SRP) Is Paying Out A Larger Dividend Than Last Year

Aug 06
Serco Group (LON:SRP) Is Paying Out A Larger Dividend Than Last Year

These 4 Measures Indicate That Serco Group (LON:SRP) Is Using Debt Reasonably Well

Mar 21
These 4 Measures Indicate That Serco Group (LON:SRP) Is Using Debt Reasonably Well

Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To £0.0192

Mar 03
Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To £0.0192

Is There An Opportunity With Serco Group plc's (LON:SRP) 24% Undervaluation?

Jan 30
Is There An Opportunity With Serco Group plc's (LON:SRP) 24% Undervaluation?

Calculating The Fair Value Of Serco Group plc (LON:SRP)

Oct 18
Calculating The Fair Value Of Serco Group plc (LON:SRP)

Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's

Sep 02
Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's

Is Serco Group (LON:SRP) A Risky Investment?

Aug 27
Is Serco Group (LON:SRP) A Risky Investment?

Are Serco Group plc (LON:SRP) Investors Paying Above The Intrinsic Value?

Jun 29
Are Serco Group plc (LON:SRP) Investors Paying Above The Intrinsic Value?

Does Serco Group (LON:SRP) Have A Healthy Balance Sheet?

May 27
Does Serco Group (LON:SRP) Have A Healthy Balance Sheet?

Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To UK£0.016

Apr 28
Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To UK£0.016

Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's

Mar 23
Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's

Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 02
Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year

Here's Why I Think Serco Group (LON:SRP) Is An Interesting Stock

Nov 16
Here's Why I Think Serco Group (LON:SRP) Is An Interesting Stock

Is Serco Group plc (LON:SRP) Trading At A 33% Discount?

Aug 27
Is Serco Group plc (LON:SRP) Trading At A 33% Discount?

With EPS Growth And More, Serco Group (LON:SRP) Is Interesting

Aug 10
With EPS Growth And More, Serco Group (LON:SRP) Is Interesting

Serco Group plc's (LON:SRP) Intrinsic Value Is Potentially 47% Above Its Share Price

May 25
Serco Group plc's (LON:SRP) Intrinsic Value Is Potentially 47% Above Its Share Price

Serco Group plc's (LON:SRP) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Apr 14
Serco Group plc's (LON:SRP) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Investors Who Bought Serco Group (LON:SRP) Shares Three Years Ago Are Now Up 41%

Mar 15
Investors Who Bought Serco Group (LON:SRP) Shares Three Years Ago Are Now Up 41%

Serco Group plc Just Recorded A 28% EPS Beat: Here's What Analysts Are Forecasting Next

Feb 28
Serco Group plc Just Recorded A 28% EPS Beat: Here's What Analysts Are Forecasting Next

Does Serco Group (LON:SRP) Deserve A Spot On Your Watchlist?

Feb 03
Does Serco Group (LON:SRP) Deserve A Spot On Your Watchlist?

Financial Position Analysis

Short Term Liabilities: SRP's short term assets (£782.8M) do not cover its short term liabilities (£897.8M).

Long Term Liabilities: SRP's short term assets (£782.8M) exceed its long term liabilities (£678.8M).


Debt to Equity History and Analysis

Debt Level: SRP's net debt to equity ratio (10.8%) is considered satisfactory.

Reducing Debt: SRP's debt to equity ratio has reduced from 61.9% to 19.9% over the past 5 years.

Debt Coverage: SRP's debt is well covered by operating cash flow (190.6%).

Interest Coverage: SRP's interest payments on its debt are well covered by EBIT (8.7x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.