Midwich Group Financial Health
Financial Health criteria checks 5/6
Midwich Group has a total shareholder equity of £182.3M and total debt of £122.2M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are £593.8M and £411.6M respectively. Midwich Group's EBIT is £41.4M making its interest coverage ratio 3.6. It has cash and short-term investments of £20.1M.
Key information
67.0%
Debt to equity ratio
UK£122.21m
Debt
| Interest coverage ratio | 3.6x |
| Cash | UK£20.10m |
| Equity | UK£182.27m |
| Total liabilities | UK£411.56m |
| Total assets | UK£593.83m |
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'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 (£429.4M) exceed its short term liabilities (£308.0M).
Long Term Liabilities: MIDW's short term assets (£429.4M) exceed its long term liabilities (£103.6M).
Debt to Equity History and Analysis
Debt Level: MIDW's net debt to equity ratio (56%) is considered high.
Reducing Debt: MIDW's debt to equity ratio has reduced from 120.9% to 67% over the past 5 years.
Debt Coverage: MIDW's debt is well covered by operating cash flow (28.3%).
Interest Coverage: MIDW's interest payments on its debt are well covered by EBIT (3.6x coverage).