Chemring Group Balance Sheet Health
Financial Health criteria checks 6/6
Chemring Group has a total shareholder equity of £356.3M and total debt of £86.8M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are £692.1M and £335.8M respectively. Chemring Group's EBIT is £61.6M making its interest coverage ratio 12.8. It has cash and short-term investments of £45.0M.
Key information
24.4%
Debt to equity ratio
UK£86.80m
Debt
| Interest coverage ratio | 12.8x |
| Cash | UK£45.00m |
| Equity | UK£356.30m |
| Total liabilities | UK£335.80m |
| Total assets | UK£692.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMGM.F's short term assets (£269.8M) exceed its short term liabilities (£221.9M).
Long Term Liabilities: CMGM.F's short term assets (£269.8M) exceed its long term liabilities (£113.9M).
Debt to Equity History and Analysis
Debt Level: CMGM.F's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: CMGM.F's debt to equity ratio has reduced from 25.2% to 24.4% over the past 5 years.
Debt Coverage: CMGM.F's debt is well covered by operating cash flow (93.3%).
Interest Coverage: CMGM.F's interest payments on its debt are well covered by EBIT (12.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:24 |
| End of Day Share Price | 2024/12/09 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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
Chemring Group PLC is covered by 23 analysts. 5 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 |
|---|---|
| Graham Webster | Arden Partners Plc. |
| Richard Paige | Barclays |
| George Mcwhirter | Berenberg |