Castings Balance Sheet Health
Financial Health criteria checks 6/6
Castings has a total shareholder equity of £127.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £163.7M and £35.8M respectively. Castings's EBIT is £13.6M making its interest coverage ratio -9.4. It has cash and short-term investments of £16.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -9.4x |
| Cash | UK£16.35m |
| Equity | UK£127.92m |
| Total liabilities | UK£35.77m |
| Total assets | UK£163.69m |
Recent financial health updates
No updates
Recent updates
These Analysts Just Made A Substantial Downgrade To Their Castings P.L.C. (LON:CGS) EPS Forecasts
Jun 14
Castings (LON:CGS) Is Looking To Continue Growing Its Returns On Capital
Apr 13Castings (LON:CGS) Is Paying Out A Larger Dividend Than Last Year
Nov 17Castings (LON:CGS) Will Pay A Larger Dividend Than Last Year At £0.0384
Nov 20Castings (LON:CGS) Has Announced That It Will Be Increasing Its Dividend To £0.1257
Jul 14Castings (LON:CGS) Is Paying Out A Larger Dividend Than Last Year
Jun 18The Returns On Capital At Castings (LON:CGS) Don't Inspire Confidence
May 01Did Castings' (LON:CGS) Share Price Deserve to Gain 28%?
Mar 18Three Things You Should Check Before Buying Castings P.L.C. (LON:CGS) For Its Dividend
Feb 21Castings P.L.C.'s (LON:CGS) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Correct Its Share Price?
Feb 07
Be Wary Of Castings (LON:CGS) And Its Returns On Capital
Jan 25What Is The Ownership Structure Like For Castings P.L.C. (LON:CGS)?
Jan 12Our View On Castings' (LON:CGS) CEO Pay
Dec 31What Are The Total Returns Earned By Shareholders Of Castings (LON:CGS) On Their Investment?
Dec 18Are Castings's (LON:CGS) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 05Is Castings P.L.C. (LON:CGS) A Smart Pick For Income Investors?
Nov 22Financial Position Analysis
Short Term Liabilities: CGS's short term assets (£98.3M) exceed its short term liabilities (£27.8M).
Long Term Liabilities: CGS's short term assets (£98.3M) exceed its long term liabilities (£7.9M).
Debt to Equity History and Analysis
Debt Level: CGS is debt free.
Reducing Debt: CGS has not had any debt for past 5 years.
Debt Coverage: CGS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CGS has no debt, therefore coverage of interest payments is not a concern.