Stelrad Group Balance Sheet Health
Financial Health criteria checks 5/6
Stelrad Group has a total shareholder equity of £54.9M and total debt of £83.1M, which brings its debt-to-equity ratio to 151.4%. Its total assets and total liabilities are £241.9M and £187.0M respectively. Stelrad Group's EBIT is £29.3M making its interest coverage ratio 4.5. It has cash and short-term investments of £19.4M.
Key information
151.4%
Debt to equity ratio
UK£83.14m
Debt
| Interest coverage ratio | 4.5x |
| Cash | UK£19.36m |
| Equity | UK£54.93m |
| Total liabilities | UK£186.99m |
| Total assets | UK£241.91m |
Recent financial health updates
No updates
Recent updates
Stelrad Group's (LON:SRAD) Dividend Will Be £0.0298
Aug 15
Stelrad Group's (LON:SRAD) Dividend Will Be £0.0472
Apr 25Stelrad Group (LON:SRAD) Is Paying Out A Dividend Of £0.0472
Mar 25Stelrad Group (LON:SRAD) Is Due To Pay A Dividend Of £0.0472
Mar 11Stelrad Group PLC (LON:SRAD) Shares Could Be 33% Below Their Intrinsic Value Estimate
Feb 17We Like These Underlying Return On Capital Trends At Stelrad Group (LON:SRAD)
Dec 01Stelrad Group (LON:SRAD) Has Affirmed Its Dividend Of £0.0292
Sep 27Stelrad Group (LON:SRAD) Has Announced A Dividend Of £0.0292
Sep 01Stelrad Group (LON:SRAD) Will Pay A Dividend Of £0.0292
Aug 18Stelrad Group (LON:SRAD) Shareholders Will Want The ROCE Trajectory To Continue
Aug 12There May Be Reason For Hope In Stelrad Group's (LON:SRAD) Disappointing Earnings
Aug 20Financial Position Analysis
Short Term Liabilities: SRAD's short term assets (£147.9M) exceed its short term liabilities (£90.4M).
Long Term Liabilities: SRAD's short term assets (£147.9M) exceed its long term liabilities (£96.6M).
Debt to Equity History and Analysis
Debt Level: SRAD's net debt to equity ratio (116.1%) is considered high.
Reducing Debt: SRAD's debt to equity ratio has reduced from 647.5% to 151.4% over the past 5 years.
Debt Coverage: SRAD's debt is well covered by operating cash flow (37.1%).
Interest Coverage: SRAD's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 15:00 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
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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
Stelrad Group PLC is covered by 5 analysts. 3 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 |
|---|---|
| Florence O'Donoghue | Davy |
| Andrea Collins | Davy |
| Scott Cagehin | Investec Bank plc (UK) |