McBride Balance Sheet Health
Financial Health criteria checks 3/6
McBride has a total shareholder equity of £43.6M and total debt of £150.8M, which brings its debt-to-equity ratio to 345.9%. Its total assets and total liabilities are £471.5M and £427.9M respectively. McBride's EBIT is £43.5M making its interest coverage ratio 6.6. It has cash and short-term investments of £14.3M.
Key information
345.9%
Debt to equity ratio
UK£150.80m
Debt
| Interest coverage ratio | 6.6x |
| Cash | UK£14.30m |
| Equity | UK£43.60m |
| Total liabilities | UK£427.90m |
| Total assets | UK£471.50m |
Recent financial health updates
Here's Why McBride (LON:MCB) Has A Meaningful Debt Burden
Apr 05
These 4 Measures Indicate That McBride (LON:MCB) Is Using Debt In A Risky Way
Nov 21Is McBride (LON:MCB) Using Too Much Debt?
Apr 29Does McBride (LON:MCB) Have A Healthy Balance Sheet?
Jun 02Does McBride (LON:MCB) Have A Healthy Balance Sheet?
Feb 25Auditors Are Concerned About McBride (LON:MCB)
Sep 29Recent updates
Returns on Capital Paint A Bright Future For McBride (LON:MCB)
Apr 24Here's Why McBride (LON:MCB) Has A Meaningful Debt Burden
Apr 05Many Still Looking Away From McBride plc (LON:MCB)
Feb 28McBride (LON:MCB) Could Be Struggling To Allocate Capital
Jan 22These 4 Measures Indicate That McBride (LON:MCB) Is Using Debt In A Risky Way
Nov 21McBride (LON:MCB) Has Some Difficulty Using Its Capital Effectively
Oct 11Is There Now An Opportunity In McBride plc (LON:MCB)?
Sep 19McBride plc (LON:MCB) Shares Could Be 35% Below Their Intrinsic Value Estimate
Jul 15Is McBride (LON:MCB) Using Too Much Debt?
Apr 29Does McBride (LON:MCB) Have A Healthy Balance Sheet?
Jun 02Does McBride (LON:MCB) Have A Healthy Balance Sheet?
Feb 25Auditors Are Concerned About McBride (LON:MCB)
Sep 29Estimating The Intrinsic Value Of McBride plc (LON:MCB)
Jun 03Is McBride plc (LON:MCB) Potentially Undervalued?
May 19Key Things To Watch Out For If You Are After McBride plc's (LON:MCB) 1.2% Dividend
Apr 15We Think McBride (LON:MCB) Is Taking Some Risk With Its Debt
Apr 02McBride plc (LON:MCB) Delivered A Better ROE Than Its Industry
Mar 20Independent Non-Executive Chairman of the Board Jeffrey Nodland Just Bought 22% More Shares In McBride plc (LON:MCB)
Mar 07McBride plc (LON:MCB) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 25McBride plc (LON:MCB) Shares Could Be 50% Below Their Intrinsic Value Estimate
Feb 24When Should You Buy McBride plc (LON:MCB)?
Feb 08
A Look At McBride's (LON:MCB) Share Price Returns
Jan 22Is McBride plc (LON:MCB) A Great Dividend Stock?
Jan 07Are Insiders Buying McBride plc (LON:MCB) Stock?
Dec 22How Good Is McBride plc (LON:MCB), When It Comes To ROE?
Dec 07McBride plc (LON:MCB) Shares Could Be 44% Below Their Intrinsic Value Estimate
Nov 24Financial Position Analysis
Short Term Liabilities: MCB's short term assets (£274.2M) do not cover its short term liabilities (£294.6M).
Long Term Liabilities: MCB's short term assets (£274.2M) exceed its long term liabilities (£133.3M).
Debt to Equity History and Analysis
Debt Level: MCB's net debt to equity ratio (313.1%) is considered high.
Reducing Debt: MCB's debt to equity ratio has increased from 160.8% to 345.9% over the past 5 years.
Debt Coverage: MCB's debt is well covered by operating cash flow (26.7%).
Interest Coverage: MCB's interest payments on its debt are well covered by EBIT (6.6x coverage).