Reach plc

LSE:RCH Stock Report

Market Cap: UK£264.8m

Reach Balance Sheet Health

Financial Health criteria checks 4/6

Reach has a total shareholder equity of £670.9M and total debt of £25.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are £1.2B and £529.8M respectively. Reach's EBIT is £97.6M making its interest coverage ratio 22.2. It has cash and short-term investments of £12.7M.

Key information

3.7%

Debt to equity ratio

UK£25.00m

Debt

Interest coverage ratio22.2x
CashUK£12.70m
EquityUK£670.90m
Total liabilitiesUK£529.80m
Total assetsUK£1.20b

Recent financial health updates

No updates

Recent updates

A Piece Of The Puzzle Missing From Reach plc's (LON:RCH) 25% Share Price Climb

Jun 27
A Piece Of The Puzzle Missing From Reach plc's (LON:RCH) 25% Share Price Climb

An Intrinsic Calculation For Reach plc (LON:RCH) Suggests It's 20% Undervalued

Jun 06
An Intrinsic Calculation For Reach plc (LON:RCH) Suggests It's 20% Undervalued

Reach's (LON:RCH) Dividend Will Be £0.0446

Apr 30
Reach's (LON:RCH) Dividend Will Be £0.0446

Shareholders Will Probably Not Have Any Issues With Reach plc's (LON:RCH) CEO Compensation

Apr 26
Shareholders Will Probably Not Have Any Issues With Reach plc's (LON:RCH) CEO Compensation

Reach (LON:RCH) Is Paying Out A Dividend Of £0.0446

Mar 29
Reach (LON:RCH) Is Paying Out A Dividend Of £0.0446

Investors Can Find Comfort In Reach's (LON:RCH) Earnings Quality

Mar 26
Investors Can Find Comfort In Reach's (LON:RCH) Earnings Quality

Reach (LON:RCH) Is Paying Out A Dividend Of £0.0446

Mar 14
Reach (LON:RCH) Is Paying Out A Dividend Of £0.0446

Earnings Miss: Reach plc Missed EPS By 51% And Analysts Are Revising Their Forecasts

Mar 08
Earnings Miss: Reach plc Missed EPS By 51% And Analysts Are Revising Their Forecasts

What Does Reach plc's (LON:RCH) Share Price Indicate?

Dec 21
What Does Reach plc's (LON:RCH) Share Price Indicate?

Reach plc (LON:RCH) Shares Could Be 31% Below Their Intrinsic Value Estimate

Oct 19
Reach plc (LON:RCH) Shares Could Be 31% Below Their Intrinsic Value Estimate

Reach (LON:RCH) Has Affirmed Its Dividend Of £0.0288

Jul 28
Reach (LON:RCH) Has Affirmed Its Dividend Of £0.0288

Should You Think About Buying Reach plc (LON:RCH) Now?

Jul 26
Should You Think About Buying Reach plc (LON:RCH) Now?

Know This Before Buying Reach plc (LON:RCH) For Its Dividend

Mar 15
Know This Before Buying Reach plc (LON:RCH) For Its Dividend

Is Reach plc (LON:RCH) Trading At A 47% Discount?

Feb 08
Is Reach plc (LON:RCH) Trading At A 47% Discount?

Reach plc (LON:RCH) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Jan 18
Reach plc (LON:RCH) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Reach (LON:RCH) Has Gifted Shareholders With A Fantastic 123% Total Return On Their Investment

Dec 21
Reach (LON:RCH) Has Gifted Shareholders With A Fantastic 123% Total Return On Their Investment

Does Reach's (LON:RCH) Statutory Profit Adequately Reflect Its Underlying Profit?

Nov 24
Does Reach's (LON:RCH) Statutory Profit Adequately Reflect Its Underlying Profit?

Financial Position Analysis

Short Term Liabilities: RCH's short term assets (£112.6M) do not cover its short term liabilities (£149.1M).

Long Term Liabilities: RCH's short term assets (£112.6M) do not cover its long term liabilities (£380.7M).

Debt to Equity History and Analysis

Debt Level: RCH's net debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: RCH's debt to equity ratio has reduced from 6.9% to 3.7% over the past 5 years.

Debt Coverage: RCH's debt is well covered by operating cash flow (96.8%).

Interest Coverage: RCH's interest payments on its debt are well covered by EBIT (22.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 03:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Reach plc is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
JULIEN ROCHBarclays
Nicholas Michael DempseyBarclays
Simon LapthorneBlue Oar Securities