Naked Wines Balance Sheet Health
Financial Health criteria checks 4/6
Naked Wines has a total shareholder equity of £88.8M and total debt of £31.0M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are £255.7M and £167.0M respectively. Naked Wines's EBIT is £7.2M making its interest coverage ratio 4.2. It has cash and short-term investments of £33.8M.
Key information
34.9%
Debt to equity ratio
UK£30.96m
Debt
| Interest coverage ratio | 4.2x |
| Cash | UK£33.77m |
| Equity | UK£88.75m |
| Total liabilities | UK£166.97m |
| Total assets | UK£255.72m |
Recent financial health updates
Is Naked Wines (LON:WINE) A Risky Investment?
Mar 19
Here's Why Naked Wines (LON:WINE) Is Weighed Down By Its Debt Load
Dec 16We're Interested To See How Naked Wines (LON:WINE) Uses Its Cash Hoard To Grow
Jun 14Recent updates
Risks Still Elevated At These Prices As Naked Wines plc (LON:WINE) Shares Dive 25%
Mar 22Is Naked Wines (LON:WINE) A Risky Investment?
Mar 19Revenues Not Telling The Story For Naked Wines plc (LON:WINE) After Shares Rise 25%
Jan 31Here's Why Naked Wines (LON:WINE) Is Weighed Down By Its Debt Load
Dec 16When Should You Buy Naked Wines plc (LON:WINE)?
Aug 31Calculating The Intrinsic Value Of Naked Wines plc (LON:WINE)
Jul 07An Intrinsic Calculation For Naked Wines plc (LON:WINE) Suggests It's 25% Undervalued
Mar 11Why Naked Wines plc (LON:WINE) Could Be Worth Watching
Aug 20Naked Wines' (LON:WINE) Solid Profits Have Weak Fundamentals
Jul 06We're Interested To See How Naked Wines (LON:WINE) Uses Its Cash Hoard To Grow
Jun 14Is There An Opportunity With Naked Wines plc's (LON:WINE) 43% Undervaluation?
Oct 30The Naked Wines (LON:WINE) Share Price Is Up 259% And Shareholders Are Boasting About It
Jan 27
Justin Apthorp Is The Non-Executive Director of Naked Wines plc (LON:WINE) And They Just Sold 67% Of Their Shares
Dec 05Bullish: Analysts Just Made A Notable Upgrade To Their Naked Wines plc (LON:WINE) Forecasts
Nov 22Financial Position Analysis
Short Term Liabilities: WINE's short term assets (£227.8M) exceed its short term liabilities (£133.3M).
Long Term Liabilities: WINE's short term assets (£227.8M) exceed its long term liabilities (£33.7M).
Debt to Equity History and Analysis
Debt Level: WINE has more cash than its total debt.
Reducing Debt: WINE's debt to equity ratio has increased from 28.7% to 34.9% over the past 5 years.
Debt Coverage: WINE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WINE's interest payments on its debt are well covered by EBIT (4.2x coverage).