This company listing is no longer active
Finsbury Food Group Balance Sheet Health
Financial Health criteria checks 5/6
Finsbury Food Group has a total shareholder equity of £126.6M and total debt of £31.8M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are £261.7M and £135.1M respectively. Finsbury Food Group's EBIT is £20.7M making its interest coverage ratio 19.5. It has cash and short-term investments of £11.2M.
Key information
25.1%
Debt to equity ratio
UK£31.79m
Debt
| Interest coverage ratio | 19.5x |
| Cash | UK£11.19m |
| Equity | UK£126.57m |
| Total liabilities | UK£135.11m |
| Total assets | UK£261.67m |
Recent financial health updates
Recent updates
Should You Investigate Finsbury Food Group Plc (LON:FIF) At UK£1.10?
Sep 21
Should You Investigate Finsbury Food Group Plc (LON:FIF) At UK£0.75?
Apr 07Finsbury Food Group (LON:FIF) Has A Somewhat Strained Balance Sheet
Apr 05Has Finsbury Food Group (LON:FIF) Got What It Takes To Become A Multi-Bagger?
Mar 10Finsbury Food Group's(LON:FIF) Share Price Is Down 37% Over The Past Three Years.
Feb 12How Much Is Finsbury Food Group's (LON:FIF) CEO Getting Paid?
Jan 17
Have Insiders Been Buying Finsbury Food Group Plc (LON:FIF) Shares This Year?
Dec 21Is Finsbury Food Group (LON:FIF) Likely To Turn Things Around?
Dec 01Financial Position Analysis
Short Term Liabilities: FIF's short term assets (£100.5M) exceed its short term liabilities (£79.9M).
Long Term Liabilities: FIF's short term assets (£100.5M) exceed its long term liabilities (£55.2M).
Debt to Equity History and Analysis
Debt Level: FIF's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: FIF's debt to equity ratio has increased from 23.4% to 25.1% over the past 5 years.
Debt Coverage: FIF's debt is well covered by operating cash flow (64%).
Interest Coverage: FIF's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/18 16:49 |
| End of Day Share Price | 2023/11/16 00:00 |
| Earnings | 2023/07/01 |
| Annual Earnings | 2023/07/01 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Finsbury Food Group Plc is covered by 5 analysts. 2 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 |
|---|---|
| Peter Renton | Cavendish Historical (Cenkos Securities) |
| Peter Smedley | Charles Stanley Securities |
| Nicola Mallard | Investec Bank plc (UK) |