Essentra Balance Sheet Health
Financial Health criteria checks 6/6
Essentra has a total shareholder equity of £273.2M and total debt of £95.5M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are £536.0M and £262.8M respectively. Essentra's EBIT is £17.2M making its interest coverage ratio 4. It has cash and short-term investments of £59.7M.
Key information
35.0%
Debt to equity ratio
UK£95.50m
Debt
Interest coverage ratio | 4x |
Cash | UK£59.70m |
Equity | UK£273.20m |
Total liabilities | UK£262.80m |
Total assets | UK£536.00m |
Recent financial health updates
Essentra (LON:ESNT) Has A Somewhat Strained Balance Sheet
Dec 24Here's Why Essentra (LON:ESNT) Can Manage Its Debt Responsibly
May 07We Think Essentra (LON:ESNT) Can Stay On Top Of Its Debt
Sep 11Is Essentra (LON:ESNT) Using Too Much Debt?
May 15Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Essentra's (LON:ESNT) Earnings
Mar 27Essentra (LON:ESNT) Is Reducing Its Dividend To £0.012
Aug 19Essentra plc (LON:ESNT) Shares Could Be 26% Above Their Intrinsic Value Estimate
Feb 03Essentra (LON:ESNT) Has A Somewhat Strained Balance Sheet
Dec 24Estimating The Intrinsic Value Of Essentra plc (LON:ESNT)
Nov 03Essentra's (LON:ESNT) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 11Essentra (LON:ESNT) Will Pay A Larger Dividend Than Last Year At £0.023
Aug 20Is It Too Late To Consider Buying Essentra plc (LON:ESNT)?
Jul 14Returns On Capital At Essentra (LON:ESNT) Paint A Concerning Picture
Jun 14Are Investors Undervaluing Essentra plc (LON:ESNT) By 41%?
May 25Here's Why Essentra (LON:ESNT) Can Manage Its Debt Responsibly
May 07Essentra (LON:ESNT) Is Increasing Its Dividend To UK£0.04
Mar 21Is Now The Time To Look At Buying Essentra plc (LON:ESNT)?
Mar 08Essentra's (LON:ESNT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Dec 29Is It Time To Consider Buying Essentra plc (LON:ESNT)?
Dec 07We Think Essentra (LON:ESNT) Can Stay On Top Of Its Debt
Sep 11A Look At The Fair Value Of Essentra plc (LON:ESNT)
Jul 02What Does Essentra plc's (LON:ESNT) Share Price Indicate?
Jun 14Is Essentra (LON:ESNT) Using Too Much Debt?
May 15Essentra's (LON:ESNT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Mar 23Essentra plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 09Does This Valuation Of Essentra plc (LON:ESNT) Imply Investors Are Overpaying?
Feb 25If You Had Bought Essentra's (LON:ESNT) Shares Five Years Ago You Would Be Down 58%
Feb 08Is Now An Opportune Moment To Examine Essentra plc (LON:ESNT)?
Jan 24Need To Know: Essentra plc (LON:ESNT) Insiders Have Been Buying Shares
Dec 27Does Essentra's (LON:ESNT) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 14Financial Position Analysis
Short Term Liabilities: ESNT's short term assets (£187.3M) exceed its short term liabilities (£113.4M).
Long Term Liabilities: ESNT's short term assets (£187.3M) exceed its long term liabilities (£149.4M).
Debt to Equity History and Analysis
Debt Level: ESNT's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: ESNT's debt to equity ratio has reduced from 51.5% to 35% over the past 5 years.
Debt Coverage: ESNT's debt is well covered by operating cash flow (30.9%).
Interest Coverage: ESNT's interest payments on its debt are well covered by EBIT (4x coverage).