Ibstock Balance Sheet Health
Financial Health criteria checks 4/6
Ibstock has a total shareholder equity of £399.9M and total debt of £124.5M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are £754.2M and £354.4M respectively. Ibstock's EBIT is £64.5M making its interest coverage ratio 12.4. It has cash and short-term investments of £23.9M.
Key information
31.1%
Debt to equity ratio
UK£124.49m
Debt
| Interest coverage ratio | 12.4x |
| Cash | UK£23.87m |
| Equity | UK£399.87m |
| Total liabilities | UK£354.36m |
| Total assets | UK£754.23m |
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
Returns 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 (£182.2M) exceed its short term liabilities (£121.3M).
Long Term Liabilities: IBST's short term assets (£182.2M) do not cover its long term liabilities (£233.0M).
Debt to Equity History and Analysis
Debt Level: IBST's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: IBST's debt to equity ratio has increased from 18.8% to 31.1% over the past 5 years.
Debt Coverage: IBST's debt is well covered by operating cash flow (46.8%).
Interest Coverage: IBST's interest payments on its debt are well covered by EBIT (12.4x coverage).