Zigup Balance Sheet Health
Financial Health criteria checks 2/6
Zigup has a total shareholder equity of £1.0B and total debt of £648.6M, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are £2.3B and £1.2B respectively. Zigup's EBIT is £157.1M making its interest coverage ratio 4.6. It has cash and short-term investments of £15.1M.
Key information
62.3%
Debt to equity ratio
UK£648.65m
Debt
| Interest coverage ratio | 4.6x |
| Cash | UK£15.12m |
| Equity | UK£1.04b |
| Total liabilities | UK£1.24b |
| Total assets | UK£2.28b |
Recent financial health updates
We Think Zigup (LON:ZIG) Is Taking Some Risk With Its Debt
Dec 06
We Think Redde Northgate (LON:REDD) Can Stay On Top Of Its Debt
Jan 18Redde Northgate (LON:REDD) Seems To Use Debt Quite Sensibly
Apr 20Is Redde Northgate (LON:REDD) A Risky Investment?
Sep 30Redde Northgate (LON:REDD) Has A Pretty Healthy Balance Sheet
Apr 28Recent updates
Zigup's (LON:ZIG) Dividend Will Be £0.088
Dec 07We Think Zigup (LON:ZIG) Is Taking Some Risk With Its Debt
Dec 06Zigup (LON:ZIG) Is Paying Out A Larger Dividend Than Last Year
Aug 01Zigup's (LON:ZIG) Dividend Will Be Increased To £0.175
Jul 13Is It Time To Consider Buying Zigup Plc (LON:ZIG)?
Jun 11Redde Northgate plc's (LON:REDD) Low P/E No Reason For Excitement
Feb 10We Think Redde Northgate (LON:REDD) Can Stay On Top Of Its Debt
Jan 18Redde Northgate (LON:REDD) Will Pay A Dividend Of £0.083
Dec 13Estimating The Intrinsic Value Of Redde Northgate plc (LON:REDD)
Nov 01If EPS Growth Is Important To You, Redde Northgate (LON:REDD) Presents An Opportunity
Oct 05Redde Northgate (LON:REDD) Will Pay A Larger Dividend Than Last Year At £0.165
Aug 28Redde Northgate (LON:REDD) Will Pay A Larger Dividend Than Last Year At £0.165
Aug 05Redde Northgate (LON:REDD) Is Increasing Its Dividend To £0.165
Jul 22Redde Northgate's (LON:REDD) Dividend Will Be Increased To £0.165
Jul 08Estimating The Intrinsic Value Of Redde Northgate plc (LON:REDD)
Jul 03Redde Northgate (LON:REDD) Seems To Use Debt Quite Sensibly
Apr 20Here's Why Redde Northgate (LON:REDD) Has Caught The Eye Of Investors
Mar 12Redde Northgate plc's (LON:REDD) Intrinsic Value Is Potentially 23% Below Its Share Price
Feb 25Redde Northgate (LON:REDD) Is Increasing Its Dividend To £0.075
Dec 10When Should You Buy Redde Northgate plc (LON:REDD)?
Nov 11Is Redde Northgate (LON:REDD) A Risky Investment?
Sep 30Here's Why We Think Redde Northgate (LON:REDD) Is Well Worth Watching
Aug 23We Think That There Are Issues Underlying Redde Northgate's (LON:REDD) Earnings
Aug 04Redde Northgate's (LON:REDD) Dividend Will Be Increased To £0.15
Jul 23Redde Northgate (LON:REDD) Is Increasing Its Dividend To UK£0.15
Jul 09Redde Northgate (LON:REDD) Has A Pretty Healthy Balance Sheet
Apr 28When Should You Buy Redde Northgate plc (LON:REDD)?
Mar 16Is There An Opportunity With Redde Northgate plc's (LON:REDD) 21% Undervaluation?
Feb 25Financial Position Analysis
Short Term Liabilities: ZIG's short term assets (£451.4M) do not cover its short term liabilities (£456.4M).
Long Term Liabilities: ZIG's short term assets (£451.4M) do not cover its long term liabilities (£785.3M).
Debt to Equity History and Analysis
Debt Level: ZIG's net debt to equity ratio (60.9%) is considered high.
Reducing Debt: ZIG's debt to equity ratio has reduced from 88.6% to 62.3% over the past 5 years.
Debt Coverage: ZIG's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: ZIG's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 19:04 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Zigup Plc is covered by 19 analysts. 4 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 |
|---|---|
| Timothy Richmond | Arden Partners Plc. |
| Jane Sparrow | Barclays |
| Afonso Osorio | Barclays |