Creightons Balance Sheet Health
Financial Health criteria checks 6/6
Creightons has a total shareholder equity of £25.9M and total debt of £6.0M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are £45.3M and £19.4M respectively. Creightons's EBIT is £1.8M making its interest coverage ratio 4. It has cash and short-term investments of £1.7M.
Key information
23.3%
Debt to equity ratio
UK£6.03m
Debt
| Interest coverage ratio | 4x |
| Cash | UK£1.68m |
| Equity | UK£25.92m |
| Total liabilities | UK£19.39m |
| Total assets | UK£45.31m |
Recent financial health updates
These 4 Measures Indicate That Creightons (LON:CRL) Is Using Debt Reasonably Well
Feb 20
Creightons (LON:CRL) Takes On Some Risk With Its Use Of Debt
Jan 07Here's Why Creightons (LON:CRL) Can Manage Its Debt Responsibly
Mar 01Creightons (LON:CRL) Has A Rock Solid Balance Sheet
Sep 04Creightons (LON:CRL) Seems To Use Debt Quite Sensibly
Dec 13Recent updates
Optimistic Investors Push Creightons Plc (LON:CRL) Shares Up 32% But Growth Is Lacking
Mar 15These 4 Measures Indicate That Creightons (LON:CRL) Is Using Debt Reasonably Well
Feb 20We Like The Quality Of Creightons' (LON:CRL) Earnings
Dec 18Creightons (LON:CRL) Is Reinvesting At Lower Rates Of Return
Nov 28Creightons (LON:CRL) Will Be Hoping To Turn Its Returns On Capital Around
Aug 16Calculating The Fair Value Of Creightons Plc (LON:CRL)
Feb 15Creightons (LON:CRL) Takes On Some Risk With Its Use Of Debt
Jan 07Creightons (LON:CRL) Might Be Having Difficulty Using Its Capital Effectively
Dec 02Creightons (LON:CRL) Shareholders Will Want The ROCE Trajectory To Continue
May 10Here's Why Creightons (LON:CRL) Can Manage Its Debt Responsibly
Mar 01Shareholders Would Enjoy A Repeat Of Creightons' (LON:CRL) Recent Growth In Returns
Oct 23Creightons (LON:CRL) Has A Rock Solid Balance Sheet
Sep 04The Trend Of High Returns At Creightons (LON:CRL) Has Us Very Interested
Jul 24Here's Why I Think Creightons (LON:CRL) Is An Interesting Stock
May 23The Trend Of High Returns At Creightons (LON:CRL) Has Us Very Interested
Apr 17Is Creightons Plc's (LON:CRL) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Mar 11Our View On Creightons' (LON:CRL) CEO Pay
Feb 24Is Now The Time To Put Creightons (LON:CRL) On Your Watchlist?
Feb 10
Creightons's (LON:CRL) Earnings Are Growing But Is There More To The Story?
Jan 30Need To Know: Creightons Plc (LON:CRL) Insiders Have Been Selling Shares
Jan 17Why We Like The Returns At Creightons (LON:CRL)
Jan 06Did You Participate In Any Of Creightons' (LON:CRL) Incredible 803% Return?
Dec 25Creightons (LON:CRL) Seems To Use Debt Quite Sensibly
Dec 13Will Weakness in Creightons Plc's (LON:CRL) Stock Prove Temporary Given Strong Fundamentals?
Nov 27Financial Position Analysis
Short Term Liabilities: CRL's short term assets (£24.6M) exceed its short term liabilities (£12.6M).
Long Term Liabilities: CRL's short term assets (£24.6M) exceed its long term liabilities (£6.8M).
Debt to Equity History and Analysis
Debt Level: CRL's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: CRL's debt to equity ratio has reduced from 24.9% to 23.3% over the past 5 years.
Debt Coverage: CRL's debt is well covered by operating cash flow (92.9%).
Interest Coverage: CRL's interest payments on its debt are well covered by EBIT (4x coverage).