SigmaRoc Balance Sheet Health
Financial Health criteria checks 3/6
SigmaRoc has a total shareholder equity of £514.9M and total debt of £210.8M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are £1.0B and £500.4M respectively. SigmaRoc's EBIT is £40.8M making its interest coverage ratio 2.8. It has cash and short-term investments of £55.9M.
Key information
40.9%
Debt to equity ratio
UK£210.79m
Debt
| Interest coverage ratio | 2.8x |
| Cash | UK£55.87m |
| Equity | UK£514.88m |
| Total liabilities | UK£500.38m |
| Total assets | UK£1.02b |
Recent financial health updates
Recent updates
Why SigmaRoc's (LON:SRC) Soft Earnings Are Just The Beginning Of Its Problems
Mar 24
Investors Aren't Entirely Convinced By SigmaRoc plc's (LON:SRC) Revenues
Mar 05SigmaRoc plc's (LON:SRC) Intrinsic Value Is Potentially 50% Above Its Share Price
Dec 16Is Now An Opportune Moment To Examine SigmaRoc plc (LON:SRC)?
Nov 25Does SigmaRoc (LON:SRC) Have A Healthy Balance Sheet?
Jun 21Calculating The Intrinsic Value Of SigmaRoc plc (LON:SRC)
Jun 08Is It Time To Consider Buying SigmaRoc plc (LON:SRC)?
May 11What Percentage Of SigmaRoc plc (LON:SRC) Shares Do Insiders Own?
Feb 24At UK£0.69, Is SigmaRoc plc (LON:SRC) Worth Looking At Closely?
Feb 09Who Has Been Buying SigmaRoc plc (LON:SRC) Shares?
Jan 26Are Investors Undervaluing SigmaRoc plc (LON:SRC) By 35%?
Jan 12
Are SigmaRoc's (LON:SRC) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 29Growth Investors: Industry Analysts Just Upgraded Their SigmaRoc plc (LON:SRC) Revenue Forecasts By 12%
Dec 14Is SigmaRoc plc's (LON:SRC) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 02The SigmaRoc (LON:SRC) Share Price Has Gained 106%, So Why Not Pay It Some Attention?
Nov 17Financial Position Analysis
Short Term Liabilities: SRC's short term assets (£242.5M) exceed its short term liabilities (£212.0M).
Long Term Liabilities: SRC's short term assets (£242.5M) do not cover its long term liabilities (£288.4M).
Debt to Equity History and Analysis
Debt Level: SRC's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: SRC's debt to equity ratio has increased from 36.3% to 40.9% over the past 5 years.
Debt Coverage: SRC's debt is well covered by operating cash flow (31%).
Interest Coverage: SRC's interest payments on its debt are not well covered by EBIT (2.8x coverage).