Midwich Group Balance Sheet Health
Financial Health criteria checks 5/6
Midwich Group has a total shareholder equity of £191.5M and total debt of £163.5M, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are £669.1M and £477.7M respectively. Midwich Group's EBIT is £37.3M making its interest coverage ratio 3.9. It has cash and short-term investments of £31.2M.
Key information
85.4%
Debt to equity ratio
UK£163.48m
Debt
| Interest coverage ratio | 3.9x |
| Cash | UK£31.23m |
| Equity | UK£191.47m |
| Total liabilities | UK£477.68m |
| Total assets | UK£669.15m |
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 21Financial Position Analysis
Short Term Liabilities: MIDW's short term assets (£457.4M) exceed its short term liabilities (£317.4M).
Long Term Liabilities: MIDW's short term assets (£457.4M) exceed its long term liabilities (£160.3M).
Debt to Equity History and Analysis
Debt Level: MIDW's net debt to equity ratio (69.1%) is considered high.
Reducing Debt: MIDW's debt to equity ratio has reduced from 140.7% to 85.4% over the past 5 years.
Debt Coverage: MIDW's debt is well covered by operating cash flow (37.7%).
Interest Coverage: MIDW's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:17 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 * |
|---|---|---|---|
| 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
Midwich Group plc is covered by 7 analysts. 3 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 |
|---|---|
| Benjamin May | Berenberg |
| James Bayliss | Berenberg |
| Gert Zonneveld | Canaccord Genuity |