Saga Balance Sheet Health
Financial Health criteria checks 3/6
Saga has a total shareholder equity of £223.5M and total debt of £798.1M, which brings its debt-to-equity ratio to 357.1%. Its total assets and total liabilities are £1.9B and £1.7B respectively. Saga's EBIT is £41.1M making its interest coverage ratio 21.6. It has cash and short-term investments of £171.7M.
Key information
357.1%
Debt to equity ratio
UK£798.10m
Debt
| Interest coverage ratio | 21.6x |
| Cash | UK£171.70m |
| Equity | UK£223.50m |
| Total liabilities | UK£1.66b |
| Total assets | UK£1.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAGA's short term assets (£590.9M) exceed its short term liabilities (£533.3M).
Long Term Liabilities: SAGA's short term assets (£590.9M) do not cover its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: SAGA's net debt to equity ratio (280.3%) is considered high.
Reducing Debt: SAGA's debt to equity ratio has increased from 46% to 357.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SAGA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SAGA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.1% per year.