Mission Group Balance Sheet Health
Financial Health criteria checks 3/6
Mission Group has a total shareholder equity of £76.7M and total debt of £19.9M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are £167.7M and £90.9M respectively. Mission Group's EBIT is £4.7M making its interest coverage ratio 1.6. It has cash and short-term investments of £226.0K.
Key information
25.9%
Debt to equity ratio
UK£19.85m
Debt
| Interest coverage ratio | 1.6x |
| Cash | UK£226.00k |
| Equity | UK£76.72m |
| Total liabilities | UK£90.94m |
| Total assets | UK£167.66m |
Recent financial health updates
Mission Group (LON:TMG) Seems To Be Using A Lot Of Debt
Mar 30
We Think Mission Group (LON:TMG) Is Taking Some Risk With Its Debt
Oct 04Here's Why Mission Group (LON:TMG) Can Manage Its Debt Responsibly
Jun 29Mission Group (LON:TMG) Seems To Use Debt Quite Sensibly
Apr 03Here's Why Mission Group (LON:TMG) Has A Meaningful Debt Burden
Jun 10Recent updates
The Mission Group plc (LON:TMG) Surges 29% Yet Its Low P/S Is No Reason For Excitement
Dec 15Mission Group (LON:TMG) Has Some Difficulty Using Its Capital Effectively
Nov 28Lacklustre Performance Is Driving The Mission Group plc's (LON:TMG) Low P/S
Jun 06Mission Group (LON:TMG) Seems To Be Using A Lot Of Debt
Mar 30The Mission Group plc (LON:TMG) Stock Catapults 25% Though Its Price And Business Still Lag The Industry
Jan 17Mission Group (LON:TMG) Will Want To Turn Around Its Return Trends
Nov 26We Think Mission Group (LON:TMG) Is Taking Some Risk With Its Debt
Oct 04The Returns At Mission Group (LON:TMG) Aren't Growing
Aug 25Here's Why Mission Group (LON:TMG) Can Manage Its Debt Responsibly
Jun 29Why The Mission Group plc (LON:TMG) Could Be Worth Watching
Jan 14Is It Time To Consider Buying The Mission Group plc (LON:TMG)?
Oct 01Is It Time To Consider Buying The Mission Group plc (LON:TMG)?
May 12Mission Group (LON:TMG) Seems To Use Debt Quite Sensibly
Apr 03Returns On Capital At Mission Group (LON:TMG) Paint A Concerning Picture
Jan 22Here's Why Mission Group (LON:TMG) Has A Meaningful Debt Burden
Jun 10What Do The Returns On Capital At Mission Group (LON:TMG) Tell Us?
Mar 10How Much Of The Mission Group plc (LON:TMG) Do Insiders Own?
Feb 09
Is Now An Opportune Moment To Examine The Mission Group plc (LON:TMG)?
Jan 20The Mission Group (LON:TMG) Share Price Has Gained 47% And Shareholders Are Hoping For More
Dec 21Should You Be Impressed By Mission Group's (LON:TMG) Returns on Capital?
Dec 03Financial Position Analysis
Short Term Liabilities: TMG's short term assets (£58.3M) exceed its short term liabilities (£54.7M).
Long Term Liabilities: TMG's short term assets (£58.3M) exceed its long term liabilities (£36.2M).
Debt to Equity History and Analysis
Debt Level: TMG's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: TMG's debt to equity ratio has increased from 8.8% to 25.9% over the past 5 years.
Debt Coverage: TMG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TMG's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:35 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
The Mission Group plc is covered by 5 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 |
|---|---|
| Hayley Palmer | Canaccord Genuity |
| Paul Bates | Charles Stanley Securities |
| Fiona Orford-Williams | Edison Investment Research |