Headlam Group Balance Sheet Health
Financial Health criteria checks 5/6
Headlam Group has a total shareholder equity of £220.4M and total debt of £50.7M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are £462.3M and £241.9M respectively. Headlam Group's EBIT is £15.3M making its interest coverage ratio 3.1. It has cash and short-term investments of £21.1M.
Key information
23.0%
Debt to equity ratio
UK£50.70m
Debt
Interest coverage ratio | 3.1x |
Cash | UK£21.10m |
Equity | UK£220.40m |
Total liabilities | UK£241.90m |
Total assets | UK£462.30m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEADL's short term assets (£272.8M) exceed its short term liabilities (£192.8M).
Long Term Liabilities: HEADL's short term assets (£272.8M) exceed its long term liabilities (£49.1M).
Debt to Equity History and Analysis
Debt Level: HEADL's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: HEADL's debt to equity ratio has increased from 3.1% to 23% over the past 5 years.
Debt Coverage: HEADL's debt is well covered by operating cash flow (24.7%).
Interest Coverage: HEADL's interest payments on its debt are well covered by EBIT (3.1x coverage).