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 ratio | 8.7x |
Cash | UK£94.40m |
Equity | UK£1.03b |
Total liabilities | UK£1.58b |
Total assets | UK£2.61b |
Recent financial health updates
Here's Why Serco Group (LON:SRP) Can Manage Its Debt Responsibly
Nov 10These 4 Measures Indicate That Serco Group (LON:SRP) Is Using Debt Reasonably Well
Mar 21Is Serco Group (LON:SRP) A Risky Investment?
Aug 27Does Serco Group (LON:SRP) Have A Healthy Balance Sheet?
May 27Recent updates
With EPS Growth And More, Serco Group (LON:SRP) Makes An Interesting Case
Feb 23Is Serco Group plc (LON:SRP) Worth UK£1.6 Based On Its Intrinsic Value?
Dec 13Here's Why Serco Group (LON:SRP) Can Manage Its Debt Responsibly
Nov 10Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 04Serco Group (LON:SRP) Is Increasing Its Dividend To £0.0114
Aug 20Serco Group (LON:SRP) Is Paying Out A Larger Dividend Than Last Year
Aug 06These 4 Measures Indicate That Serco Group (LON:SRP) Is Using Debt Reasonably Well
Mar 21Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To £0.0192
Mar 03Is There An Opportunity With Serco Group plc's (LON:SRP) 24% Undervaluation?
Jan 30Calculating The Fair Value Of Serco Group plc (LON:SRP)
Oct 18Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's
Sep 02Is Serco Group (LON:SRP) A Risky Investment?
Aug 27Are Serco Group plc (LON:SRP) Investors Paying Above The Intrinsic Value?
Jun 29Does Serco Group (LON:SRP) Have A Healthy Balance Sheet?
May 27Serco Group (LON:SRP) Has Announced That It Will Be Increasing Its Dividend To UK£0.016
Apr 28Serco Group's (LON:SRP) Upcoming Dividend Will Be Larger Than Last Year's
Mar 23Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 02Here's Why I Think Serco Group (LON:SRP) Is An Interesting Stock
Nov 16Is Serco Group plc (LON:SRP) Trading At A 33% Discount?
Aug 27With EPS Growth And More, Serco Group (LON:SRP) Is Interesting
Aug 10Serco Group plc's (LON:SRP) Intrinsic Value Is Potentially 47% Above Its Share Price
May 25Serco Group plc's (LON:SRP) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Apr 14Investors Who Bought Serco Group (LON:SRP) Shares Three Years Ago Are Now Up 41%
Mar 15Serco Group plc Just Recorded A 28% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 28Does Serco Group (LON:SRP) Deserve A Spot On Your Watchlist?
Feb 03Financial 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).