Next 15 Group Balance Sheet Health
Financial Health criteria checks 4/6
Next 15 Group has a total shareholder equity of £156.2M and total debt of £44.2M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are £591.6M and £435.4M respectively. Next 15 Group's EBIT is £77.1M making its interest coverage ratio 18.2. It has cash and short-term investments of £42.9M.
Key information
28.3%
Debt to equity ratio
UK£44.23m
Debt
| Interest coverage ratio | 18.2x |
| Cash | UK£42.87m |
| Equity | UK£156.22m |
| Total liabilities | UK£435.40m |
| Total assets | UK£591.62m |
Recent financial health updates
Next 15 Group (LON:NFG) Seems To Use Debt Quite Sensibly
Nov 21
Next 15 Group (LON:NFG) Seems To Use Debt Rather Sparingly
Jun 07Next Fifteen Communications Group (LON:NFC) Has A Rock Solid Balance Sheet
Dec 08Next Fifteen Communications Group (LON:NFC) Could Easily Take On More Debt
Jul 21Is Next Fifteen Communications Group (LON:NFC) A Risky Investment?
Nov 02We Think Next Fifteen Communications Group (LON:NFC) Can Stay On Top Of Its Debt
May 24Recent updates
Next 15 Group's (LON:NFG) Earnings Are Weaker Than They Seem
Apr 25Next 15 Group's (LON:NFG) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 19Is Now An Opportune Moment To Examine Next 15 Group plc (LON:NFG)?
Jan 25Next 15 Group (LON:NFG) Seems To Use Debt Quite Sensibly
Nov 21Next 15 Group (LON:NFG) Seems To Use Debt Rather Sparingly
Jun 07Are Investors Undervaluing Next Fifteen Communications Group plc (LON:NFC) By 34%?
Mar 01Should You Investigate Next Fifteen Communications Group plc (LON:NFC) At UK£10.82?
Jan 13Next Fifteen Communications Group (LON:NFC) Has A Rock Solid Balance Sheet
Dec 08Next Fifteen Communications Group's (LON:NFC) Dividend Will Be Increased To £0.045
Oct 23Next Fifteen Communications Group (LON:NFC) Is Paying Out A Larger Dividend Than Last Year
Sep 29Next Fifteen Communications Group (LON:NFC) Could Easily Take On More Debt
Jul 21Next Fifteen Communications Group's (LON:NFC) Shareholders Will Receive A Bigger Dividend Than Last Year
May 22Next Fifteen Communications Group (LON:NFC) Has Announced That It Will Be Increasing Its Dividend To UK£0.084
May 06Next Fifteen Communications Group (LON:NFC) Is Increasing Its Dividend To UK£0.084
Apr 22Next Fifteen Communications Group (LON:NFC) Will Pay A Larger Dividend Than Last Year At UK£0.084
Apr 08Next Fifteen Communications Group (LON:NFC) Is Looking To Continue Growing Its Returns On Capital
Feb 25Calculating The Fair Value Of Next Fifteen Communications Group plc (LON:NFC)
Jan 14What Does Next Fifteen Communications Group plc's (LON:NFC) Share Price Indicate?
Dec 10We Like These Underlying Return On Capital Trends At Next Fifteen Communications Group (LON:NFC)
Nov 22Is Next Fifteen Communications Group (LON:NFC) A Risky Investment?
Nov 02Estimating The Fair Value Of Next Fifteen Communications Group plc (LON:NFC)
Sep 23Be Wary Of Next Fifteen Communications Group (LON:NFC) And Its Returns On Capital
Aug 13Next Fifteen Communications Group plc's (LON:NFC) CEO Compensation Is Looking A Bit Stretched At The Moment
Jun 18A Look At The Intrinsic Value Of Next Fifteen Communications Group plc (LON:NFC)
Jun 11We Think Next Fifteen Communications Group (LON:NFC) Can Stay On Top Of Its Debt
May 24When Should You Buy Next Fifteen Communications Group plc (LON:NFC)?
May 05The Returns At Next Fifteen Communications Group (LON:NFC) Provide Us With Signs Of What's To Come
Mar 05What Kind Of Shareholders Hold The Majority In Next Fifteen Communications Group plc's (LON:NFC) Shares?
Feb 12
Estimating The Intrinsic Value Of Next Fifteen Communications Group plc (LON:NFC)
Jan 25Next Fifteen Communications Group (LON:NFC) Has A Pretty Healthy Balance Sheet
Jan 08Should You Think About Buying Next Fifteen Communications Group plc (LON:NFC) Now?
Dec 24How Much Is Next Fifteen Communications Group plc (LON:NFC) CEO Getting Paid?
Dec 09If You Had Bought Next Fifteen Communications Group (LON:NFC) Stock Five Years Ago, You Could Pocket A 116% Gain Today
Nov 24Financial Position Analysis
Short Term Liabilities: NFG's short term assets (£213.8M) do not cover its short term liabilities (£238.4M).
Long Term Liabilities: NFG's short term assets (£213.8M) exceed its long term liabilities (£197.0M).
Debt to Equity History and Analysis
Debt Level: NFG's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: NFG's debt to equity ratio has increased from 23% to 28.3% over the past 5 years.
Debt Coverage: NFG's debt is well covered by operating cash flow (180.1%).
Interest Coverage: NFG's interest payments on its debt are well covered by EBIT (18.2x coverage).