Greencore Group Balance Sheet Health
Financial Health criteria checks 5/6
Greencore Group has a total shareholder equity of £450.2M and total debt of £206.8M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are £1.2B and £754.5M respectively. Greencore Group's EBIT is £97.2M making its interest coverage ratio 4.4. It has cash and short-term investments of £57.8M.
Key information
45.9%
Debt to equity ratio
UK£206.80m
Debt
| Interest coverage ratio | 4.4x |
| Cash | UK£57.80m |
| Equity | UK£450.20m |
| Total liabilities | UK£754.50m |
| Total assets | UK£1.20b |
Recent financial health updates
We Think Greencore Group (LON:GNC) Can Stay On Top Of Its Debt
Jan 10
Is Greencore Group (LON:GNC) A Risky Investment?
Sep 21Does Greencore Group (LON:GNC) Have A Healthy Balance Sheet?
Jun 15These 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 09Recent updates
We Think Greencore Group (LON:GNC) Can Stay On Top Of Its Debt
Jan 10If EPS Growth Is Important To You, Greencore Group (LON:GNC) Presents An Opportunity
Oct 09Is Greencore Group (LON:GNC) A Risky Investment?
Sep 21Return Trends At Greencore Group (LON:GNC) Aren't Appealing
Sep 07Does Greencore Group (LON:GNC) Have A Healthy Balance Sheet?
Jun 15Greencore Group plc (LON:GNC) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
May 22Even 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 (£357.5M) do not cover its short term liabilities (£508.1M).
Long Term Liabilities: GNC's short term assets (£357.5M) exceed its long term liabilities (£246.4M).
Debt to Equity History and Analysis
Debt Level: GNC's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: GNC's debt to equity ratio has reduced from 181.9% to 45.9% over the past 5 years.
Debt Coverage: GNC's debt is well covered by operating cash flow (54.2%).
Interest Coverage: GNC's interest payments on its debt are well covered by EBIT (4.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 20:08 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2024/09/27 |
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 |
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| 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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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
Greencore Group plc is covered by 23 analysts. 7 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 |
|---|---|
| Sriram Gurijala | Barclays |
| Patrick Folan | Barclays |
| Fintan Ryan | Berenberg |