Ibstock Balance Sheet Health
Financial Health criteria checks 4/6
Ibstock has a total shareholder equity of £394.4M and total debt of £144.4M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are £760.2M and £365.8M respectively. Ibstock's EBIT is £40.8M making its interest coverage ratio 7.2. It has cash and short-term investments of £6.6M.
Key information
36.6%
Debt to equity ratio
UK£144.43m
Debt
| Interest coverage ratio | 7.2x |
| Cash | UK£6.60m |
| Equity | UK£394.41m |
| Total liabilities | UK£365.79m |
| Total assets | UK£760.20m |
Recent financial health updates
We Think Ibstock (LON:IBST) Can Stay On Top Of Its Debt
Aug 25
These 4 Measures Indicate That Ibstock (LON:IBST) Is Using Debt Safely
Oct 12Here's Why Ibstock (LON:IBST) Can Manage Its Debt Responsibly
Apr 15We Think Ibstock (LON:IBST) Can Manage Its Debt With Ease
Oct 23Ibstock (LON:IBST) Has A Somewhat Strained Balance Sheet
Mar 26Recent updates
These Return Metrics Don't Make Ibstock (LON:IBST) Look Too Strong
Oct 18Ibstock (LON:IBST) Has Announced That Its Dividend Will Be Reduced To £0.015
Aug 20Ibstock's (LON:IBST) Soft Earnings Are Actually Better Than They Appear
Aug 15Is There Now An Opportunity In Ibstock plc (LON:IBST)?
Aug 06Unpleasant Surprises Could Be In Store For Ibstock plc's (LON:IBST) Shares
May 26It's Unlikely That Ibstock plc's (LON:IBST) CEO Will See A Huge Pay Rise This Year
May 10Returns Are Gaining Momentum At Ibstock (LON:IBST)
Feb 23We Think Ibstock (LON:IBST) Can Stay On Top Of Its Debt
Aug 25Ibstock's (LON:IBST) Dividend Will Be Increased To £0.034
Aug 05At UK£1.50, Is It Time To Put Ibstock plc (LON:IBST) On Your Watch List?
Jun 22Ibstock (LON:IBST) Has Announced That It Will Be Increasing Its Dividend To £0.055
Mar 11These 4 Measures Indicate That Ibstock (LON:IBST) Is Using Debt Safely
Oct 12Is Now The Time To Look At Buying Ibstock plc (LON:IBST)?
Sep 20Ibstock (LON:IBST) Has More To Do To Multiply In Value Going Forward
Sep 02Ibstock (LON:IBST) Is Increasing Its Dividend To £0.033
Aug 17Ibstock (LON:IBST) Is Paying Out A Larger Dividend Than Last Year
Jul 30Is Now An Opportune Moment To Examine Ibstock plc (LON:IBST)?
Jun 17Returns On Capital Signal Difficult Times Ahead For Ibstock (LON:IBST)
May 07Here's Why Ibstock (LON:IBST) Can Manage Its Debt Responsibly
Apr 15Is There An Opportunity With Ibstock plc's (LON:IBST) 43% Undervaluation?
Dec 13We Think Ibstock (LON:IBST) Can Manage Its Debt With Ease
Oct 23Ibstock plc's (LON:IBST) Intrinsic Value Is Potentially 55% Above Its Share Price
Sep 11Is Ibstock plc (LON:IBST) Potentially Undervalued?
Aug 27We Think That There Are Issues Underlying Ibstock's (LON:IBST) Earnings
Aug 11Ibstock (LON:IBST) Will Be Looking To Turn Around Its Returns
Jul 20An Intrinsic Calculation For Ibstock plc (LON:IBST) Suggests It's 42% Undervalued
May 24Is Ibstock plc (LON:IBST) Potentially Undervalued?
May 03Here's Why Some Shareholders May Not Be Too Generous With Ibstock plc's (LON:IBST) CEO Compensation This Year
Apr 16Ibstock (LON:IBST) May Have Issues Allocating Its Capital
Apr 13Ibstock (LON:IBST) Has A Somewhat Strained Balance Sheet
Mar 26If You Had Bought Ibstock's (LON:IBST) Shares Three Years Ago You Would Be Down 22%
Mar 05A Look At The Intrinsic Value Of Ibstock plc (LON:IBST)
Feb 07
Should You Think About Buying Ibstock plc (LON:IBST) Now?
Jan 12Is Ibstock (LON:IBST) Headed For Trouble?
Dec 14Financial Position Analysis
Short Term Liabilities: IBST's short term assets (£185.0M) exceed its short term liabilities (£135.1M).
Long Term Liabilities: IBST's short term assets (£185.0M) do not cover its long term liabilities (£230.7M).
Debt to Equity History and Analysis
Debt Level: IBST's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: IBST's debt to equity ratio has increased from 20.1% to 36.6% over the past 5 years.
Debt Coverage: IBST's debt is well covered by operating cash flow (33.2%).
Interest Coverage: IBST's interest payments on its debt are well covered by EBIT (7.2x coverage).