Kitwave Group Balance Sheet Health
Financial Health criteria checks 5/6
Kitwave Group has a total shareholder equity of £85.0M and total debt of £53.1M, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are £268.2M and £183.2M respectively. Kitwave Group's EBIT is £28.3M making its interest coverage ratio 5.7. It has cash and short-term investments of £5.0M.
Key information
62.5%
Debt to equity ratio
UK£53.13m
Debt
| Interest coverage ratio | 5.7x |
| Cash | UK£5.02m |
| Equity | UK£85.01m |
| Total liabilities | UK£183.16m |
| Total assets | UK£268.17m |
Recent financial health updates
No updates
Recent updates
At UK£2.96, Is It Time To Put Kitwave Group plc (LON:KITW) On Your Watch List?
Jul 03
Kitwave Group's (LON:KITW) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 26Kitwave Group (LON:KITW) Is Increasing Its Dividend To £0.0745
Mar 05Kitwave Group (LON:KITW) Is Paying Out A Larger Dividend Than Last Year
Jul 07Kitwave Group (LON:KITW) Is Increasing Its Dividend To £0.0675
Apr 05Shareholders Will Be Pleased With The Quality of Kitwave Group's (LON:KITW) Earnings
Mar 12The Returns On Capital At Kitwave Group (LON:KITW) Don't Inspire Confidence
Oct 18Financial Position Analysis
Short Term Liabilities: KITW's short term assets (£134.5M) exceed its short term liabilities (£132.1M).
Long Term Liabilities: KITW's short term assets (£134.5M) exceed its long term liabilities (£51.1M).
Debt to Equity History and Analysis
Debt Level: KITW's net debt to equity ratio (56.6%) is considered high.
Reducing Debt: KITW had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: KITW's debt is well covered by operating cash flow (58.3%).
Interest Coverage: KITW's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 14:30 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/04/30 |
| Annual Earnings | 2023/10/31 |
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 |
| |
| 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
Kitwave Group plc is covered by 4 analysts. 5 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 |
|---|---|
| Mark Photiades | Canaccord Genuity |
| Nigel Parson | Cavendish |
| Gert Zonneveld | Investec Bank plc (UK) |