Greencore Group Balance Sheet Health
Financial Health criteria checks 5/6
Greencore Group has a total shareholder equity of £459.8M and total debt of £270.5M, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are £1.3B and £837.9M respectively. Greencore Group's EBIT is £74.6M making its interest coverage ratio 4.1. It has cash and short-term investments of £117.0M.
Key information
58.8%
Debt to equity ratio
UK£270.50m
Debt
| Interest coverage ratio | 4.1x |
| Cash | UK£117.00m |
| Equity | UK£459.80m |
| Total liabilities | UK£837.90m |
| Total assets | UK£1.30b |
Recent financial health updates
These 4 Measures Indicate That Greencore Group (LON:GNC) Is Using Debt Extensively
Jul 06
We Think Greencore Group (LON:GNC) Is Taking Some Risk With Its Debt
Feb 09Recent updates
Even With A 27% Surge, Cautious Investors Are Not Rewarding Greencore Group plc's (LON:GNC) Performance Completely
Apr 05Are Investors Undervaluing Greencore Group plc (LON:GNC) By 44%?
Aug 23These 4 Measures Indicate That Greencore Group (LON:GNC) Is Using Debt Extensively
Jul 06We Think Greencore Group (LON:GNC) Is Taking Some Risk With Its Debt
Feb 09Is Now An Opportune Moment To Examine Greencore Group plc (LON:GNC)?
Dec 18Greencore Group plc's (LON:GNC) Intrinsic Value Is Potentially 59% Above Its Share Price
May 27Greencore Group plc (LON:GNC) Insiders Have Been Selling
Dec 30Greencore Group plc Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Nov 25
Greencore Group (LON:GNC) Share Prices Have Dropped 65% In The Last Five Years
Nov 22Financial Position Analysis
Short Term Liabilities: GNC's short term assets (£424.5M) do not cover its short term liabilities (£618.4M).
Long Term Liabilities: GNC's short term assets (£424.5M) exceed its long term liabilities (£219.5M).
Debt to Equity History and Analysis
Debt Level: GNC's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: GNC's debt to equity ratio has reduced from 74.2% to 58.8% over the past 5 years.
Debt Coverage: GNC's debt is well covered by operating cash flow (36.6%).
Interest Coverage: GNC's interest payments on its debt are well covered by EBIT (4.1x coverage).