Midwich Group Balance Sheet Health
Financial Health criteria checks 5/6
Midwich Group has a total shareholder equity of £196.1M and total debt of £138.7M, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are £654.5M and £458.3M respectively. Midwich Group's EBIT is £43.1M making its interest coverage ratio 4.5. It has cash and short-term investments of £58.2M.
Key information
70.7%
Debt to equity ratio
UK£138.72m
Debt
| Interest coverage ratio | 4.5x |
| Cash | UK£58.17m |
| Equity | UK£196.14m |
| Total liabilities | UK£458.32m |
| Total assets | UK£654.47m |
Recent financial health updates
These 4 Measures Indicate That Midwich Group (LON:MIDW) Is Using Debt Reasonably Well
Sep 30
Here's Why Midwich Group (LON:MIDW) Can Manage Its Debt Responsibly
Oct 26Here's Why Midwich Group (LON:MIDW) Can Manage Its Debt Responsibly
Mar 31Recent updates
Midwich Group (LON:MIDW) Will Pay A Larger Dividend Than Last Year At £0.11
Apr 26Midwich Group's (LON:MIDW) Upcoming Dividend Will Be Larger Than Last Year's
Apr 12Midwich Group (LON:MIDW) Has Announced That It Will Be Increasing Its Dividend To £0.11
Mar 22Midwich Group's (LON:MIDW) Dividend Will Be Increased To £0.055
Sep 08Midwich Group (LON:MIDW) Is Paying Out A Larger Dividend Than Last Year
Mar 17Is Midwich Group plc (LON:MIDW) Trading At A 47% Discount?
Mar 14These 4 Measures Indicate That Midwich Group (LON:MIDW) Is Using Debt Reasonably Well
Sep 30Midwich Group's (LON:MIDW) Dividend Will Be Increased To £0.045
Sep 09Midwich Group plc's (LON:MIDW) Intrinsic Value Is Potentially 69% Above Its Share Price
Jun 18When Should You Buy Midwich Group plc (LON:MIDW)?
Mar 15Investors Could Be Concerned With Midwich Group's (LON:MIDW) Returns On Capital
Feb 26Here's Why Midwich Group (LON:MIDW) Can Manage Its Debt Responsibly
Oct 26Returns On Capital Signal Tricky Times Ahead For Midwich Group (LON:MIDW)
Sep 01Shareholders May Be Wary Of Increasing Midwich Group plc's (LON:MIDW) CEO Compensation Package
May 04Here's Why Midwich Group (LON:MIDW) Can Manage Its Debt Responsibly
Mar 31What Do The Returns On Capital At Midwich Group (LON:MIDW) Tell Us?
Mar 05Would Shareholders Who Purchased Midwich Group's (LON:MIDW) Stock Year Be Happy With The Share price Today?
Feb 15
Should You Use Midwich Group's (LON:MIDW) Statutory Earnings To Analyse It?
Jan 26Have Insiders Been Buying Midwich Group Plc (LON:MIDW) Shares?
Jan 12What Does Midwich Group Plc's (LON:MIDW) Share Price Indicate?
Dec 28What We Learned About Midwich Group's (LON:MIDW) CEO Pay
Dec 15Midwich Group Plc's (LON:MIDW) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 03Is Midwich Group (LON:MIDW) Likely To Turn Things Around?
Nov 21A Look At The Fair Value Of Midwich Group Plc (LON:MIDW)
Jul 09Is Midwich Group Plc's (LON:MIDW) ROE Of 28% Impressive?
Jun 22Financial Position Analysis
Short Term Liabilities: MIDW's short term assets (£447.6M) exceed its short term liabilities (£313.9M).
Long Term Liabilities: MIDW's short term assets (£447.6M) exceed its long term liabilities (£144.4M).
Debt to Equity History and Analysis
Debt Level: MIDW's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: MIDW's debt to equity ratio has reduced from 72.5% to 70.7% over the past 5 years.
Debt Coverage: MIDW's debt is well covered by operating cash flow (46%).
Interest Coverage: MIDW's interest payments on its debt are well covered by EBIT (4.5x coverage).