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Joules Group Balance Sheet Health
Financial Health criteria checks 4/6
Key information
42.6%
Debt to equity ratio
UK£22.40m
Debt
| Interest coverage ratio | 1.3x |
| Cash | UK£17.03m |
| Equity | UK£52.64m |
| Total liabilities | UK£140.45m |
| Total assets | UK£193.09m |
Recent financial health updates
These 4 Measures Indicate That Joules Group (LON:JOUL) Is Using Debt Extensively
Mar 10
Does Joules Group (LON:JOUL) Have A Healthy Balance Sheet?
May 20Joules Group (LON:JOUL) Has Debt But No Earnings; Should You Worry?
Feb 01Recent updates
Joules Group (LON:JOUL) Will Want To Turn Around Its Return Trends
Oct 11Joules Group's (LON:JOUL) Returns On Capital Not Reflecting Well On The Business
Jun 14These 4 Measures Indicate That Joules Group (LON:JOUL) Is Using Debt Extensively
Mar 10Joules Group's (LON:JOUL) Returns On Capital Not Reflecting Well On The Business
Feb 12Joules Group (LON:JOUL) May Have Issues Allocating Its Capital
Nov 05Does Joules Group (LON:JOUL) Have A Healthy Balance Sheet?
May 20Is Joules Group Plc (LON:JOUL) Trading At A 44% Discount?
Feb 28Joules Group (LON:JOUL) Has Debt But No Earnings; Should You Worry?
Feb 01Have Insiders Been Buying Joules Group Plc (LON:JOUL) Shares This Year?
Jan 01Are Investors Undervaluing Joules Group Plc (LON:JOUL) By 32%?
Nov 27Financial Position Analysis
Short Term Liabilities: JOUL's short term assets (£104.0M) exceed its short term liabilities (£103.3M).
Long Term Liabilities: JOUL's short term assets (£104.0M) exceed its long term liabilities (£37.1M).
Debt to Equity History and Analysis
Debt Level: JOUL's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: JOUL's debt to equity ratio has increased from 21% to 42.6% over the past 5 years.
Debt Coverage: JOUL's debt is well covered by operating cash flow (32.3%).
Interest Coverage: JOUL's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/12/20 07:10 |
| End of Day Share Price | 2022/11/14 00:00 |
| Earnings | 2021/11/28 |
| Annual Earnings | 2021/05/30 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Joules Group Plc is covered by 5 analysts. 2 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 |
|---|---|
| Joseph Barron | Berenberg |
| Wayne Brown | Panmure Liberum |
| Andrew Blain | Panmure Liberum Historic (Panmure Gordon) |