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
Headlam Group (LON:HEAD) Will Pay A Dividend Of £0.06
Mar 22
Headlam Group (LON:HEAD) Is Due To Pay A Dividend Of £0.06
Mar 08Headlam Group (LON:HEAD) Could Be At Risk Of Shrinking As A Company
Oct 14Headlam Group (LON:HEAD) Has Announced That Its Dividend Will Be Reduced To £0.04
Sep 08Headlam Group plc (LON:HEAD) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Mar 11Headlam Group (LON:HEAD) Has Some Way To Go To Become A Multi-Bagger
Dec 02Should You Investigate Headlam Group plc (LON:HEAD) At UK£2.79?
Nov 08Headlam Group (LON:HEAD) Is Increasing Its Dividend To £0.062
Oct 14Headlam Group's (LON:HEAD) Upcoming Dividend Will Be Larger Than Last Year's
Sep 30Headlam Group (LON:HEAD) Is Increasing Its Dividend To £0.062
Sep 09Some Investors May Be Worried About Headlam Group's (LON:HEAD) Returns On Capital
Mar 08What Does Headlam Group plc's (LON:HEAD) Share Price Indicate?
Jul 30Headlam Group (LON:HEAD) Is Finding It Tricky To Allocate Its Capital
Jun 14Calculating The Intrinsic Value Of Headlam Group plc (LON:HEAD)
May 23We Think Headlam Group (LON:HEAD) Can Stay On Top Of Its Debt
Apr 16At UK£4.40, Is Headlam Group plc (LON:HEAD) Worth Looking At Closely?
Mar 29Shareholders Of Headlam Group (LON:HEAD) Have Received 6.9% On Their Investment
Mar 11Should You Be Impressed By Headlam Group's (LON:HEAD) Returns on Capital?
Feb 20How Should Investors Feel About Headlam Group's (LON:HEAD) CEO Remuneration?
Dec 29A Look At Headlam Group's (LON:HEAD) Share Price Returns
Dec 03
Financial Position Analysis
Short Term Liabilities: HEAD's short term assets (£272.8M) exceed its short term liabilities (£192.8M).
Long Term Liabilities: HEAD's short term assets (£272.8M) exceed its long term liabilities (£49.1M).
Debt to Equity History and Analysis
Debt Level: HEAD's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: HEAD's debt to equity ratio has increased from 3.1% to 23% over the past 5 years.
Debt Coverage: HEAD's debt is well covered by operating cash flow (24.7%).
Interest Coverage: HEAD's interest payments on its debt are well covered by EBIT (3.1x coverage).