Strix Group Balance Sheet Health
Financial Health criteria checks 4/6
Strix Group has a total shareholder equity of £43.0M and total debt of £105.8M, which brings its debt-to-equity ratio to 245.9%. Its total assets and total liabilities are £194.1M and £151.0M respectively. Strix Group's EBIT is £32.1M making its interest coverage ratio 3.2. It has cash and short-term investments of £20.1M.
Key information
245.9%
Debt to equity ratio
UK£105.81m
Debt
| Interest coverage ratio | 3.2x |
| Cash | UK£20.11m |
| Equity | UK£43.03m |
| Total liabilities | UK£151.05m |
| Total assets | UK£194.08m |
Recent financial health updates
Recent updates
An Intrinsic Calculation For Strix Group Plc (LON:KETL) Suggests It's 27% Undervalued
Apr 29
Strix Group Plc (LON:KETL) Shares Could Be 38% Below Their Intrinsic Value Estimate
Jan 10Strix Group (LON:KETL) Is Paying Out A Dividend Of £0.0275
Sep 24Investors Should Be Encouraged By Strix Group's (LON:KETL) Returns On Capital
Jul 27Strix Group (LON:KETL) Has Announced That It Will Be Increasing Its Dividend To UK£0.056
May 04Strix Group (LON:KETL) Is Paying Out A Larger Dividend Than Last Year
Apr 02Why We Like The Returns At Strix Group (LON:KETL)
Jan 28Strix Group Plc's (LON:KETL) Intrinsic Value Is Potentially 39% Above Its Share Price
Dec 14Strix Group (LON:KETL) Will Pay A Larger Dividend Than Last Year At UK£0.028
Sep 25Under The Bonnet, Strix Group's (LON:KETL) Returns Look Impressive
Jul 31Estimating The Fair Value Of Strix Group Plc (LON:KETL)
May 18Is Strix Group (LON:KETL) Using Too Much Debt?
Apr 14Something To Consider Before Buying Strix Group Plc (LON:KETL) For The 2.9% Dividend
Apr 01Who Has Been Selling Strix Group Plc (LON:KETL) Shares?
Mar 19What Kind Of Shareholders Hold The Majority In Strix Group Plc's (LON:KETL) Shares?
Feb 26A Look At The Intrinsic Value Of Strix Group Plc (LON:KETL)
Feb 05
Should You Use Strix Group's (LON:KETL) Statutory Earnings To Analyse It?
Jan 18Introducing Strix Group (LON:KETL), A Stock That Climbed 51% In The Last Three Years
Dec 31Strix Group Plc (LON:KETL) Investors Should Think About This Before Buying It For Its Dividend
Dec 14What Kind Of Investors Own Most Of Strix Group Plc (LON:KETL)?
Nov 26Financial Position Analysis
Short Term Liabilities: KETL's short term assets (£73.5M) exceed its short term liabilities (£46.5M).
Long Term Liabilities: KETL's short term assets (£73.5M) do not cover its long term liabilities (£104.5M).
Debt to Equity History and Analysis
Debt Level: KETL's net debt to equity ratio (199.1%) is considered high.
Reducing Debt: KETL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: KETL's debt is well covered by operating cash flow (35.5%).
Interest Coverage: KETL's interest payments on its debt are well covered by EBIT (3.2x coverage).