Chesnara Balance Sheet Health
Financial Health criteria checks 2/6
Chesnara has a total shareholder equity of £359.9M and total debt of £208.1M, which brings its debt-to-equity ratio to 57.8%. Its total assets and total liabilities are £12.1B and £11.8B respectively. Chesnara's EBIT is £6.1M making its interest coverage ratio 0.6. It has cash and short-term investments of £146.0M.
Key information
57.8%
Debt to equity ratio
UK£208.10m
Debt
Interest coverage ratio | 0.6x |
Cash | UK£146.00m |
Equity | UK£359.90m |
Total liabilities | UK£11.77b |
Total assets | UK£12.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSNl's short term assets (£368.2M) exceed its short term liabilities (£356.8M).
Long Term Liabilities: CSNl's short term assets (£368.2M) do not cover its long term liabilities (£11.4B).
Debt to Equity History and Analysis
Debt Level: CSNl's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: CSNl's debt to equity ratio has increased from 29.5% to 57.8% over the past 5 years.
Debt Coverage: CSNl's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CSNl's interest payments on its debt are not well covered by EBIT (0.6x coverage).