Gooch & Housego Balance Sheet Health
Financial Health criteria checks 6/6
Gooch & Housego has a total shareholder equity of £108.4M and total debt of £22.6M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are £166.3M and £57.9M respectively. Gooch & Housego's EBIT is £7.7M making its interest coverage ratio 3.2. It has cash and short-term investments of £6.6M.
Key information
20.8%
Debt to equity ratio
UK£22.57m
Debt
Interest coverage ratio | 3.2x |
Cash | UK£6.62m |
Equity | UK£108.39m |
Total liabilities | UK£57.92m |
Total assets | UK£166.31m |
Recent financial health updates
Gooch & Housego (LON:GHH) Seems To Use Debt Quite Sensibly
Feb 24These 4 Measures Indicate That Gooch & Housego (LON:GHH) Is Using Debt Reasonably Well
Jan 09Recent updates
There May Be Reason For Hope In Gooch & Housego's (LON:GHH) Disappointing Earnings
Dec 11Gooch & Housego's (LON:GHH) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 06Improved Revenues Required Before Gooch & Housego PLC (LON:GHH) Stock's 25% Jump Looks Justified
Nov 06Gooch & Housego PLC's (LON:GHH) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Feb 29Gooch & Housego's (LON:GHH) Earnings May Just Be The Starting Point
Jan 22Gooch & Housego (LON:GHH) Has Announced That It Will Be Increasing Its Dividend To £0.048
Jun 09Gooch & Housego (LON:GHH) Seems To Use Debt Quite Sensibly
Feb 24Gooch & Housego (LON:GHH) Has Announced That It Will Be Increasing Its Dividend To £0.079
Jan 09Gooch & Housego (LON:GHH) Is Increasing Its Dividend To £0.079
Dec 09Is There Now An Opportunity In Gooch & Housego PLC (LON:GHH)?
May 21Gooch & Housego (LON:GHH) May Have Issues Allocating Its Capital
Aug 03Be Wary Of Gooch & Housego (LON:GHH) And Its Returns On Capital
May 01Is Now An Opportune Moment To Examine Gooch & Housego PLC (LON:GHH)?
Apr 08Can Mixed Financials Have A Negative Impact on Gooch & Housego PLC's 's (LON:GHH) Current Price Momentum?
Mar 18What Do The Returns On Capital At Gooch & Housego (LON:GHH) Tell Us?
Jan 30These 4 Measures Indicate That Gooch & Housego (LON:GHH) Is Using Debt Reasonably Well
Jan 09Does Gooch & Housego's (LON:GHH) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 25Gooch & Housego PLC (LON:GHH) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Dec 10Investors Who Bought Gooch & Housego (LON:GHH) Shares Five Years Ago Are Now Up 31%
Nov 19Financial Position Analysis
Short Term Liabilities: GHH's short term assets (£68.2M) exceed its short term liabilities (£21.4M).
Long Term Liabilities: GHH's short term assets (£68.2M) exceed its long term liabilities (£36.5M).
Debt to Equity History and Analysis
Debt Level: GHH's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: GHH's debt to equity ratio has reduced from 28.2% to 20.8% over the past 5 years.
Debt Coverage: GHH's debt is well covered by operating cash flow (62.8%).
Interest Coverage: GHH's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/24 19:52 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/09/30 |
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 * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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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
Gooch & Housego PLC is covered by 9 analysts. 4 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 |
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Iain Staples | Altium Capital Limited |
Kunal Walia | Arden Partners Plc. |
Richard Hickinbotham | Cantor Fitzgerald Europe |