First Property Group Balance Sheet Health
Financial Health criteria checks 3/6
First Property Group has a total shareholder equity of £43.5M and total debt of £12.0M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are £81.6M and £38.1M respectively. First Property Group's EBIT is £17.0K making its interest coverage ratio 0.1. It has cash and short-term investments of £6.7M.
Key information
27.6%
Debt to equity ratio
UK£11.99m
Debt
| Interest coverage ratio | 0.07x |
| Cash | UK£6.71m |
| Equity | UK£43.50m |
| Total liabilities | UK£38.13m |
| Total assets | UK£81.63m |
Recent financial health updates
Is First Property Group (LON:FPO) A Risky Investment?
Nov 25
We Think First Property Group (LON:FPO) Is Taking Some Risk With Its Debt
Jun 29Is First Property Group (LON:FPO) Using Too Much Debt?
Mar 09First Property Group (LON:FPO) Has A Somewhat Strained Balance Sheet
Nov 29
Recent updates
Is First Property Group (LON:FPO) A Risky Investment?
Nov 25We Think First Property Group (LON:FPO) Is Taking Some Risk With Its Debt
Jun 29A Look At The Intrinsic Value Of First Property Group plc (LON:FPO)
Mar 30Is First Property Group (LON:FPO) Using Too Much Debt?
Mar 09Are First Property Group's (LON:FPO) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 16Key Things To Consider Before Buying First Property Group plc (LON:FPO) For Its Dividend
Feb 03What Type Of Returns Would First Property Group's(LON:FPO) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 19Have Insiders Been Buying First Property Group plc (LON:FPO) Shares?
Jan 07Calculating The Fair Value Of First Property Group plc (LON:FPO)
Dec 25First Property Group plc's (LON:FPO) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Dec 13First Property Group (LON:FPO) Has A Somewhat Strained Balance Sheet
Nov 29Interested In First Property Group's (LON:FPO) Upcoming UK£0.0045 Dividend? You Have Three Days Left
Nov 29Financial Position Analysis
Short Term Liabilities: FPO's short term assets (£12.6M) do not cover its short term liabilities (£18.7M).
Long Term Liabilities: FPO's short term assets (£12.6M) do not cover its long term liabilities (£19.4M).
Debt to Equity History and Analysis
Debt Level: FPO's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: FPO's debt to equity ratio has reduced from 146.7% to 27.6% over the past 5 years.
Debt Coverage: FPO's debt is well covered by operating cash flow (47%).
Interest Coverage: FPO's interest payments on its debt are not well covered by EBIT (0.1x coverage).