Town Centre Securities Balance Sheet Health
Financial Health criteria checks 0/6
Town Centre Securities has a total shareholder equity of £119.6M and total debt of £130.8M, which brings its debt-to-equity ratio to 109.3%. Its total assets and total liabilities are £292.4M and £172.8M respectively. Town Centre Securities's EBIT is £9.9M making its interest coverage ratio 1.4. It has cash and short-term investments of £22.2M.
Key information
109.3%
Debt to equity ratio
UK£130.77m
Debt
| Interest coverage ratio | 1.4x |
| Cash | UK£22.15m |
| Equity | UK£119.64m |
| Total liabilities | UK£172.80m |
| Total assets | UK£292.43m |
Financial Position Analysis
Short Term Liabilities: TOWN's short term assets (£29.3M) do not cover its short term liabilities (£36.0M).
Long Term Liabilities: TOWN's short term assets (£29.3M) do not cover its long term liabilities (£136.8M).
Debt to Equity History and Analysis
Debt Level: TOWN's net debt to equity ratio (90.8%) is considered high.
Reducing Debt: TOWN's debt to equity ratio has increased from 106.9% to 109.3% over the past 5 years.
Debt Coverage: TOWN's debt is not well covered by operating cash flow (5%).
Interest Coverage: TOWN's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:02 |
| End of Day Share Price | 2024/12/20 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 |
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| Market Prices | 30 years |
| |
| 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
Town Centre Securities Plc is covered by 2 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.
| Analyst | Institution |
|---|---|
| Bjorn Zietsman | Panmure Liberum |
| Matthew Saperia | Peel Hunt LLP |