Springfield Properties Balance Sheet Health
Financial Health criteria checks 5/6
Springfield Properties has a total shareholder equity of £158.2M and total debt of £54.8M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are £305.3M and £147.0M respectively. Springfield Properties's EBIT is £17.9M making its interest coverage ratio 2.4. It has cash and short-term investments of £14.9M.
Key information
34.7%
Debt to equity ratio
UK£54.84m
Debt
| Interest coverage ratio | 2.4x |
| Cash | UK£14.94m |
| Equity | UK£158.21m |
| Total liabilities | UK£147.05m |
| Total assets | UK£305.25m |
Recent financial health updates
Recent updates
At UK£1.02, Is Springfield Properties PLC (LON:SPR) Worth Looking At Closely?
Mar 22
What Does Springfield Properties PLC's (LON:SPR) Share Price Indicate?
Sep 23Is Now An Opportune Moment To Examine Springfield Properties Plc (LON:SPR)?
Dec 13Springfield Properties (LON:SPR) Will Pay A Larger Dividend Than Last Year At £0.047
Oct 14Springfield Properties (LON:SPR) Will Pay A Larger Dividend Than Last Year At £0.047
Sep 23Springfield Properties' (LON:SPR) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 28Springfield Properties' (LON:SPR) Dividend Will Be Increased To UK£0.044
Oct 01Springfield Properties (LON:SPR) Will Pay A Larger Dividend Than Last Year At UK£0.044
Sep 17Analysts' Revenue Estimates For Springfield Properties Plc (LON:SPR) Are Surging Higher
Jul 02Is It Too Late To Consider Buying Springfield Properties Plc (LON:SPR)?
May 25Springfield Properties' (LON:SPR) Returns Have Hit A Wall
May 10Springfield Properties Plc's (LON:SPR) Intrinsic Value Is Potentially 24% Below Its Share Price
Apr 05Is Springfield Properties (LON:SPR) A Risky Investment?
Mar 12Is It Smart To Buy Springfield Properties Plc (LON:SPR) Before It Goes Ex-Dividend?
Feb 28The Springfield Properties (LON:SPR) Share Price Has Gained 27% And Shareholders Are Hoping For More
Feb 23We're Not So Sure You Should Rely on Springfield Properties' (LON:SPR) Statutory Earnings
Feb 09Read This Before Buying Springfield Properties Plc (LON:SPR) Shares
Jan 29Springfield Properties Plc's (LON:SPR) Stock Is Going Strong: Is the Market Following Fundamentals?
Jan 19A Quick Analysis On Springfield Properties' (LON:SPR) CEO Compensation
Jan 08
Do Insiders Own Lots Of Shares In Springfield Properties Plc (LON:SPR)?
Dec 29Springfield Properties Plc's (LON:SPR) Intrinsic Value Is Potentially 43% Above Its Share Price
Dec 17Would Springfield Properties Plc (LON:SPR) Be Valuable To Income Investors?
Dec 07We're Watching These Trends At Springfield Properties (LON:SPR)
Nov 24Financial Position Analysis
Short Term Liabilities: SPR's short term assets (£285.6M) exceed its short term liabilities (£116.7M).
Long Term Liabilities: SPR's short term assets (£285.6M) exceed its long term liabilities (£30.3M).
Debt to Equity History and Analysis
Debt Level: SPR's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: SPR's debt to equity ratio has reduced from 35% to 34.7% over the past 5 years.
Debt Coverage: SPR's debt is well covered by operating cash flow (77.8%).
Interest Coverage: SPR's interest payments on its debt are not well covered by EBIT (2.4x coverage).