Wickes Group Balance Sheet Health
Financial Health criteria checks 5/6
Wickes Group has a total shareholder equity of £163.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.1B and £909.8M respectively. Wickes Group's EBIT is £73.8M making its interest coverage ratio 3.5. It has cash and short-term investments of £97.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 3.5x |
| Cash | UK£97.50m |
| Equity | UK£163.30m |
| Total liabilities | UK£909.80m |
| Total assets | UK£1.07b |
Recent financial health updates
No updates
Recent updates
Investors Can Find Comfort In Wickes Group's (LON:WIX) Earnings Quality
Mar 29
Wickes Group (LON:WIX) Has Announced A Dividend Of £0.073
Mar 22Wickes Group (LON:WIX) Has Affirmed Its Dividend Of £0.036
Sep 17Earnings Release: Here's Why Analysts Cut Their Wickes Group plc (LON:WIX) Price Target To UK£2.44
Sep 18Insufficient Growth At Wickes Group plc (LON:WIX) Hampers Share Price
Jul 27A Look At The Intrinsic Value Of Wickes Group plc (LON:WIX)
Jun 18Wickes Group (LON:WIX) Is Experiencing Growth In Returns On Capital
May 27Financial Position Analysis
Short Term Liabilities: WIX's short term assets (£367.1M) exceed its short term liabilities (£311.5M).
Long Term Liabilities: WIX's short term assets (£367.1M) do not cover its long term liabilities (£598.3M).
Debt to Equity History and Analysis
Debt Level: WIX is debt free.
Reducing Debt: WIX has not had any debt for past 5 years.
Debt Coverage: WIX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WIX has no debt, therefore coverage of interest payments is not a concern.