Stelrad Group Balance Sheet Health
Financial Health criteria checks 5/6
Stelrad Group has a total shareholder equity of £55.2M and total debt of £80.8M, which brings its debt-to-equity ratio to 146.4%. Its total assets and total liabilities are £235.2M and £180.0M respectively. Stelrad Group's EBIT is £27.1M making its interest coverage ratio 4.4. It has cash and short-term investments of £21.4M.
Key information
146.4%
Debt to equity ratio
UK£80.83m
Debt
| Interest coverage ratio | 4.4x |
| Cash | UK£21.44m |
| Equity | UK£55.20m |
| Total liabilities | UK£180.02m |
| Total assets | UK£235.22m |
Recent financial health updates
No updates
Recent updates
Stelrad Group's (LON:SRAD) Dividend Will Be £0.0472
Apr 25
Stelrad 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 (£135.7M) exceed its short term liabilities (£85.5M).
Long Term Liabilities: SRAD's short term assets (£135.7M) exceed its long term liabilities (£94.5M).
Debt to Equity History and Analysis
Debt Level: SRAD's net debt to equity ratio (107.6%) is considered high.
Reducing Debt: SRAD's debt to equity ratio has reduced from 511.1% to 146.4% over the past 5 years.
Debt Coverage: SRAD's debt is well covered by operating cash flow (41.5%).
Interest Coverage: SRAD's interest payments on its debt are well covered by EBIT (4.4x coverage).