MJ Gleeson Balance Sheet Health

Financial Health criteria checks 4/6

MJ Gleeson has a total shareholder equity of £287.2M and total debt of £18.7M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are £379.3M and £92.1M respectively. MJ Gleeson's EBIT is £25.5M making its interest coverage ratio 9. It has cash and short-term investments of £5.2M.

Key information

6.5%

Debt to equity ratio

UK£18.74m

Debt

Interest coverage ratio	9x
Cash	UK£5.16m
Equity	UK£287.25m
Total liabilities	UK£92.05m
Total assets	UK£379.30m

Recent financial health updates

No updates

Recent updates

MJ Gleeson (LON:GLE) Has Compensated Shareholders With A Respectable 57% Return On Their Investment

Feb 06

MJ Gleeson plc's (LON:GLE) Stock Is Going Strong: Have Financials A Role To Play?

Jan 22

A Look At The Intrinsic Value Of MJ Gleeson plc (LON:GLE)

Jan 06

We're Not So Sure You Should Rely on MJ Gleeson's (LON:GLE) Statutory Earnings

Dec 21

Analysts' Revenue Estimates For MJ Gleeson plc (LON:GLE) Are Surging Higher

Dec 08

What Is MJ Gleeson plc's (LON:GLE) Share Price Doing?

Nov 29

Financial Position Analysis

Short Term Liabilities: GLE's short term assets (£367.3M) exceed its short term liabilities (£79.7M).

Long Term Liabilities: GLE's short term assets (£367.3M) exceed its long term liabilities (£12.4M).

Debt to Equity History and Analysis

Debt Level: GLE's net debt to equity ratio (4.7%) is considered satisfactory.

Reducing Debt: GLE's debt to equity ratio has increased from 0% to 6.5% over the past 5 years.

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

Interest Coverage: GLE's interest payments on its debt are well covered by EBIT (9x coverage).

MJ Gleeson Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

MJ Gleeson plc to Report Fiscal Year 2024 Results on Sep 18, 2024

CEO & Director recently bought UK£52k worth of stock

Upcoming dividend of UK£0.04 per share

First half dividend reduced to UK£0.04

Estimating The Intrinsic Value Of MJ Gleeson plc (LON:GLE)

MJ Gleeson plc to Report Q2, 2024 Results on Feb 15, 2024

MJ Gleeson plc Approves Final Dividend

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of UK£0.09 per share at 3.5% yield

MJ Gleeson plc, Annual General Meeting, Nov 17, 2023

Now 22% undervalued

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

MJ Gleeson plc Proposes Final Dividend for the Year 2023, Payable on 24 November 2023

The Carlyle Group Inc. (NasdaqGS:CG) entered into an agreement to acquire portfolio of 288 homes across multiple developments from MJ Gleeson plc (LSE:GLE).

CEO & Director recently bought UK£143k worth of stock

Upcoming dividend of UK£0.05 per share at 3.7% yield

First half 2023 earnings released: EPS: UK£0.22 (vs UK£0.34 in 1H 2022)

Mj Gleeson plc Declares Interim Dividend, Payable 3 April 2023

MJ Gleeson plc Appoints James Thomson as Chair of its Nomination Committee

Consensus EPS estimates fall by 18%

Investor sentiment improved over the past week

Investors Met With Slowing Returns on Capital At MJ Gleeson (LON:GLE)

MJ Gleeson plc Appoints Graham Prothero as Chief Executive Officer

MJ Gleeson plc Announces the Appointment of Guy Gusterson as Managing Director of Gleeson Land

Consensus EPS estimates fall by 30%

Price target decreased to UK£6.62

MJ Gleeson plc Approves Final Dividend

Price target decreased to UK£7.43

Less than half of directors are independent

Price target decreased to UK£7.43

MJ Gleeson plc to Report Q2, 2023 Results on Feb 09, 2023

Full year 2022 earnings: EPS exceeds analyst expectations

Upcoming dividend of UK£0.12 per share

MJ Gleeson plc, Annual General Meeting, Nov 18, 2022

Investor sentiment deteriorated over the past week

Full year 2022 earnings: EPS exceeds analyst expectations

Now 22% undervalued after recent price drop

Price target decreased to UK£8.41

MJ Gleeson plc Proposes to Pay Final Dividend for 2022, Payable on 25 November 2022

Now 23% undervalued after recent price drop

MJ Gleeson plc to Report Fiscal Year 2022 Results on Sep 15, 2022

Now 20% undervalued after recent price drop

MJ Gleeson plc Announces Executive Changes

Less than half of directors are independent

Now 20% undervalued after recent price drop

Upcoming dividend of UK£0.06 per share

MJ Gleeson (LON:GLE) Is Increasing Its Dividend To UK£0.06

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

MJ Gleeson plc Provides Earnings Guidance for the Fiscal Year Ending June 30, 2022

MJ Gleeson plc Re-Affirms Sales Guidance for the Full Year Ending June 30, 2022; Provides Financial Guidance for the Full Year Ending June 30, 2022

Insider recently bought UK£149k worth of stock

Upcoming dividend of UK£0.10 per share

Price target increased to UK£10.30

Full year 2021 earnings released: EPS UK£0.58 (vs UK£0.087 in FY 2020)

CEO & Director recently bought UK£63k worth of stock

Full year 2021 earnings released: EPS UK£0.58 (vs UK£0.087 in FY 2020)

Is It Time To Consider Buying MJ Gleeson plc (LON:GLE)?

Be Wary Of MJ Gleeson (LON:GLE) And Its Returns On Capital

A Look At The Fair Value Of MJ Gleeson plc (LON:GLE)

Tread With Caution Around MJ Gleeson plc's (LON:GLE) 1.2% Dividend Yield

At UK£7.80, Is MJ Gleeson plc (LON:GLE) Worth Looking At Closely?

MJ Gleeson plc Announces That Elaine Bailey Will Join the Board as Non-Executive Director with Effect from March 1, 2021

Should We Be Excited About The Trends Of Returns At MJ Gleeson (LON:GLE)?

Do Institutions Own MJ Gleeson plc (LON:GLE) Shares?

New 90-day high: UK£8.20

First half 2021 earnings released: EPS UK£0.28 (vs UK£0.20 in 1H 2020)

MJ Gleeson (LON:GLE) Has Compensated Shareholders With A Respectable 57% Return On Their Investment

MJ Gleeson plc's (LON:GLE) Stock Is Going Strong: Have Financials A Role To Play?

MJ Gleeson plc to Report First Half, 2021 Results on Feb 11, 2021

A Look At The Intrinsic Value Of MJ Gleeson plc (LON:GLE)

New 90-day high: UK£8.00

We're Not So Sure You Should Rely on MJ Gleeson's (LON:GLE) Statutory Earnings

Analysts' Revenue Estimates For MJ Gleeson plc (LON:GLE) Are Surging Higher

Price target raised to UK£8.10

Analysts update estimates