Springfield Properties PLC

AIM:SPR Stock Report

Market Cap: UK£121.6m

Springfield Properties Balance Sheet Health

Financial Health criteria checks 2/6

Springfield Properties has a total shareholder equity of £151.2M and total debt of £99.7M, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are £327.3M and £176.0M respectively. Springfield Properties's EBIT is £18.1M making its interest coverage ratio 2.7. It has cash and short-term investments of £10.1M.

Key information

65.9%

Debt to equity ratio

UK£99.70m

Debt

Interest coverage ratio2.7x
CashUK£10.10m
EquityUK£151.25m
Total liabilitiesUK£176.03m
Total assetsUK£327.27m

Recent financial health updates

Recent updates

At UK£1.02, Is Springfield Properties PLC (LON:SPR) Worth Looking At Closely?

Mar 22
At UK£1.02, Is Springfield Properties PLC (LON:SPR) Worth Looking At Closely?

What Does Springfield Properties PLC's (LON:SPR) Share Price Indicate?

Sep 23
What Does Springfield Properties PLC's (LON:SPR) Share Price Indicate?

Is Now An Opportune Moment To Examine Springfield Properties Plc (LON:SPR)?

Dec 13
Is Now An Opportune Moment To Examine Springfield Properties Plc (LON:SPR)?

Springfield Properties (LON:SPR) Will Pay A Larger Dividend Than Last Year At £0.047

Oct 14
Springfield Properties (LON:SPR) Will Pay A Larger Dividend Than Last Year At £0.047

Springfield Properties (LON:SPR) Will Pay A Larger Dividend Than Last Year At £0.047

Sep 23
Springfield Properties (LON:SPR) Will Pay A Larger Dividend Than Last Year At £0.047

Springfield Properties' (LON:SPR) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 28
Springfield Properties' (LON:SPR) Shareholders Will Receive A Bigger Dividend Than Last Year

Springfield Properties' (LON:SPR) Dividend Will Be Increased To UK£0.044

Oct 01
Springfield Properties' (LON:SPR) Dividend Will Be Increased To UK£0.044

Springfield Properties (LON:SPR) Will Pay A Larger Dividend Than Last Year At UK£0.044

Sep 17
Springfield Properties (LON:SPR) Will Pay A Larger Dividend Than Last Year At UK£0.044

Analysts' Revenue Estimates For Springfield Properties Plc (LON:SPR) Are Surging Higher

Jul 02
Analysts' Revenue Estimates For Springfield Properties Plc (LON:SPR) Are Surging Higher

Is It Too Late To Consider Buying Springfield Properties Plc (LON:SPR)?

May 25
Is It Too Late To Consider Buying Springfield Properties Plc (LON:SPR)?

Springfield Properties' (LON:SPR) Returns Have Hit A Wall

May 10
Springfield Properties' (LON:SPR) Returns Have Hit A Wall

Springfield Properties Plc's (LON:SPR) Intrinsic Value Is Potentially 24% Below Its Share Price

Apr 05
Springfield Properties Plc's (LON:SPR) Intrinsic Value Is Potentially 24% Below Its Share Price

Is Springfield Properties (LON:SPR) A Risky Investment?

Mar 12
Is Springfield Properties (LON:SPR) A Risky Investment?

Is It Smart To Buy Springfield Properties Plc (LON:SPR) Before It Goes Ex-Dividend?

Feb 28
Is It Smart To Buy Springfield Properties Plc (LON:SPR) Before It Goes Ex-Dividend?

The Springfield Properties (LON:SPR) Share Price Has Gained 27% And Shareholders Are Hoping For More

Feb 23
The Springfield Properties (LON:SPR) Share Price Has Gained 27% And Shareholders Are Hoping For More

We're Not So Sure You Should Rely on Springfield Properties' (LON:SPR) Statutory Earnings

Feb 09
We're Not So Sure You Should Rely on Springfield Properties' (LON:SPR) Statutory Earnings

Read This Before Buying Springfield Properties Plc (LON:SPR) Shares

Jan 29
Read This Before Buying Springfield Properties Plc (LON:SPR) Shares

Springfield Properties Plc's (LON:SPR) Stock Is Going Strong: Is the Market Following Fundamentals?

Jan 19
Springfield Properties Plc's (LON:SPR) Stock Is Going Strong: Is the Market Following Fundamentals?

A Quick Analysis On Springfield Properties' (LON:SPR) CEO Compensation

Jan 08
A Quick Analysis On Springfield Properties' (LON:SPR) CEO Compensation

Do Insiders Own Lots Of Shares In Springfield Properties Plc (LON:SPR)?

Dec 29
Do Insiders Own Lots Of Shares In Springfield Properties Plc (LON:SPR)?

Springfield Properties Plc's (LON:SPR) Intrinsic Value Is Potentially 43% Above Its Share Price

Dec 17
Springfield Properties Plc's (LON:SPR) Intrinsic Value Is Potentially 43% Above Its Share Price

Would Springfield Properties Plc (LON:SPR) Be Valuable To Income Investors?

Dec 07
Would Springfield Properties Plc (LON:SPR) Be Valuable To Income Investors?

We're Watching These Trends At Springfield Properties (LON:SPR)

Nov 24
We're Watching These Trends At Springfield Properties (LON:SPR)

Financial Position Analysis

Short Term Liabilities: SPR's short term assets (£307.7M) exceed its short term liabilities (£44.0M).

Long Term Liabilities: SPR's short term assets (£307.7M) exceed its long term liabilities (£132.1M).


Debt to Equity History and Analysis

Debt Level: SPR's net debt to equity ratio (59.2%) is considered high.

Reducing Debt: SPR's debt to equity ratio has increased from 29.5% to 65.9% over the past 5 years.

Debt Coverage: SPR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SPR's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


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