Crest Nicholson Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Crest Nicholson Holdings has a total shareholder equity of £856.3M and total debt of £97.7M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are £1.5B and £674.0M respectively. Crest Nicholson Holdings's EBIT is £45.2M making its interest coverage ratio 4.3. It has cash and short-term investments of £163.7M.
Key information
11.4%
Debt to equity ratio
UK£97.70m
Debt
Interest coverage ratio | 4.3x |
Cash | UK£163.70m |
Equity | UK£856.30m |
Total liabilities | UK£674.00m |
Total assets | UK£1.53b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRSTL's short term assets (£1.5B) exceed its short term liabilities (£438.7M).
Long Term Liabilities: CRSTL's short term assets (£1.5B) exceed its long term liabilities (£235.3M).
Debt to Equity History and Analysis
Debt Level: CRSTL has more cash than its total debt.
Reducing Debt: CRSTL's debt to equity ratio has reduced from 19.5% to 11.4% over the past 5 years.
Debt Coverage: CRSTL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CRSTL's interest payments on its debt are well covered by EBIT (4.3x coverage).