Westminster Group Balance Sheet Health
Financial Health criteria checks 5/6
Westminster Group has a total shareholder equity of £7.3M and total debt of £112.0K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are £9.5M and £2.2M respectively. Westminster Group's EBIT is £183.0K making its interest coverage ratio 3.8. It has cash and short-term investments of £54.0K.
Key information
1.5%
Debt to equity ratio
UK£112.00k
Debt
| Interest coverage ratio | 3.8x |
| Cash | UK£54.00k |
| Equity | UK£7.27m |
| Total liabilities | UK£2.25m |
| Total assets | UK£9.52m |
Recent financial health updates
Recent updates
What Westminster Group PLC's (LON:WSG) 30% Share Price Gain Is Not Telling You
Apr 05
Westminster Group PLC's (LON:WSG) Shares May Have Run Too Fast Too Soon
Dec 30Shareholders May Be A Bit More Conservative With Westminster Group PLC's (LON:WSG) CEO Compensation For Now
Jun 18Is Westminster Group (LON:WSG) In A Good Position To Invest In Growth?
Jun 16Financial Position Analysis
Short Term Liabilities: WSG's short term assets (£5.3M) exceed its short term liabilities (£2.2M).
Long Term Liabilities: WSG's short term assets (£5.3M) exceed its long term liabilities (£49.0K).
Debt to Equity History and Analysis
Debt Level: WSG's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: WSG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WSG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WSG's interest payments on its debt are well covered by EBIT (3.8x coverage).