Celtic Balance Sheet Health
Financial Health criteria checks 6/6
Celtic has a total shareholder equity of £121.6M and total debt of £4.2M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are £218.1M and £96.4M respectively. Celtic's EBIT is £7.7M making its interest coverage ratio -2.3. It has cash and short-term investments of £77.2M.
Key information
3.5%
Debt to equity ratio
UK£4.24m
Debt
| Interest coverage ratio | -2.3x |
| Cash | UK£77.23m |
| Equity | UK£121.64m |
| Total liabilities | UK£96.45m |
| Total assets | UK£218.09m |
Recent financial health updates
Celtic (LON:CCP) Has A Pretty Healthy Balance Sheet
Nov 12
Is Celtic (LON:CCP) Using Debt In A Risky Way?
Apr 07Is Celtic (LON:CCP) Weighed On By Its Debt Load?
Apr 04Does Celtic (LON:CCP) Have A Healthy Balance Sheet?
Dec 02Recent updates
Shareholders May Not Be So Generous With Celtic plc's (LON:CCP) CEO Compensation And Here's Why
Nov 15Celtic (LON:CCP) Has A Pretty Healthy Balance Sheet
Nov 12Weak Statutory Earnings May Not Tell The Whole Story For Celtic (LON:CCP)
Sep 23Returns On Capital Are Showing Encouraging Signs At Celtic (LON:CCP)
Sep 13Here's Why We Think Celtic (LON:CCP) Is Well Worth Watching
Aug 12Improved Earnings Required Before Celtic plc (LON:CCP) Stock's 27% Jump Looks Justified
Jul 03Returns On Capital Are Showing Encouraging Signs At Celtic (LON:CCP)
Oct 20Is Celtic (LON:CCP) Using Debt In A Risky Way?
Apr 07Is Celtic (LON:CCP) Weighed On By Its Debt Load?
Apr 04How Much Of Celtic plc (LON:CCP) Do Insiders Own?
Feb 28How Much Did Celtic's(LON:CCP) Shareholders Earn From Share Price Movements Over The Last Year?
Jan 24Does Celtic (LON:CCP) Have A Healthy Balance Sheet?
Dec 02Financial Position Analysis
Short Term Liabilities: CCP's short term assets (£122.7M) exceed its short term liabilities (£84.1M).
Long Term Liabilities: CCP's short term assets (£122.7M) exceed its long term liabilities (£12.3M).
Debt to Equity History and Analysis
Debt Level: CCP has more cash than its total debt.
Reducing Debt: CCP's debt to equity ratio has reduced from 11.8% to 3.5% over the past 5 years.
Debt Coverage: CCP's debt is well covered by operating cash flow (424.5%).
Interest Coverage: CCP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 01:04 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Celtic plc is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Photiades | Canaccord Genuity |