Saga Balance Sheet Health
Financial Health criteria checks 2/6
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 £60.1M making its interest coverage ratio 1.4. 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 | 1.4x |
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
Saga plc's (LON:SAGA) Price Is Right But Growth Is Lacking After Shares Rocket 27%
May 29Saga plc's (LON:SAGA) Share Price Could Signal Some Risk
Feb 03Saga plc (LON:SAGA) Could Be Less Than A Year Away From Profitability
May 07Is Saga plc's (LON:SAGA) Shareholder Ownership Skewed Towards Insiders?
Jan 25Saga's (LON:SAGA) Stock Price Has Reduced 92% In The Past Five Years
Dec 01Financial Position Analysis
Short Term Liabilities: SAGA's short term assets (£587.3M) do not cover its short term liabilities (£854.1M).
Long Term Liabilities: SAGA's short term assets (£587.3M) do not cover its long term liabilities (£805.2M).
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.