Kindred Group Balance Sheet Health
Financial Health criteria checks 5/6
Kindred Group has a total shareholder equity of £531.2M and total debt of £116.5M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are £1.2B and £623.7M respectively. Kindred Group's EBIT is £143.8M making its interest coverage ratio 15.5. It has cash and short-term investments of £232.6M.
Key information
21.9%
Debt to equity ratio
UK£116.50m
Debt
| Interest coverage ratio | 15.5x |
| Cash | UK£232.60m |
| Equity | UK£531.20m |
| Total liabilities | UK£623.70m |
| Total assets | UK£1.15b |
Recent financial health updates
Is Kindred Group (STO:KIND SDB) A Risky Investment?
Oct 10
Kindred Group (STO:KIND SDB) Seems To Use Debt Quite Sensibly
Jul 11Kindred Group (STO:KIND SDB) Seems To Use Debt Quite Sensibly
Feb 28We Think Kindred Group (STO:KIND SDB) Can Stay On Top Of Its Debt
Nov 29Is Kindred Group (STO:KIND SDB) Using Too Much Debt?
Aug 18Kindred Group (STO:KIND SDB) Has A Rock Solid Balance Sheet
Apr 29Recent updates
We Think You Can Look Beyond Kindred Group's (STO:KIND SDB) Lackluster Earnings
Feb 20Is There Now An Opportunity In Kindred Group plc (STO:KIND SDB)?
Nov 06Is Kindred Group (STO:KIND SDB) A Risky Investment?
Oct 10Estimating The Fair Value Of Kindred Group plc (STO:KIND SDB)
Sep 22The Returns On Capital At Kindred Group (STO:KIND SDB) Don't Inspire Confidence
Sep 04Kindred Group (STO:KIND SDB) Seems To Use Debt Quite Sensibly
Jul 11Is There Now An Opportunity In Kindred Group plc (STO:KIND SDB)?
Jun 13Estimating The Intrinsic Value Of Kindred Group plc (STO:KIND SDB)
Jun 01Some Investors May Be Worried About Kindred Group's (STO:KIND SDB) Returns On Capital
Apr 07Kindred Group (STO:KIND SDB) Seems To Use Debt Quite Sensibly
Feb 28Calculating The Fair Value Of Kindred Group plc (STO:KIND SDB)
Jan 28Should You Think About Buying Kindred Group plc (STO:KIND SDB) Now?
Jan 16Here's What's Concerning About Kindred Group's (STO:KIND SDB) Returns On Capital
Jan 04We Think Kindred Group (STO:KIND SDB) Can Stay On Top Of Its Debt
Nov 29Kindred Group plc (STO:KIND SDB) Shares Could Be 26% Below Their Intrinsic Value Estimate
Oct 27When Should You Buy Kindred Group plc (STO:KIND SDB)?
Oct 15Is Kindred Group (STO:KIND SDB) Using Too Much Debt?
Aug 18Investors Shouldn't Overlook The Favourable Returns On Capital At Kindred Group (STO:KIND SDB)
Aug 04Is Now An Opportune Moment To Examine Kindred Group plc (STO:KIND SDB)?
Jul 06Kindred Group (STO:KIND SDB) Has A Rock Solid Balance Sheet
Apr 29Financial Position Analysis
Short Term Liabilities: KIND SDB's short term assets (£359.4M) do not cover its short term liabilities (£456.7M).
Long Term Liabilities: KIND SDB's short term assets (£359.4M) exceed its long term liabilities (£167.0M).
Debt to Equity History and Analysis
Debt Level: KIND SDB has more cash than its total debt.
Reducing Debt: KIND SDB's debt to equity ratio has reduced from 49.1% to 21.9% over the past 5 years.
Debt Coverage: KIND SDB's debt is well covered by operating cash flow (138.5%).
Interest Coverage: KIND SDB's interest payments on its debt are well covered by EBIT (15.5x coverage).