Kier Group Balance Sheet Health
Financial Health criteria checks 4/6
Kier Group has a total shareholder equity of £517.1M and total debt of £316.5M, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are £2.2B and £1.7B respectively. Kier Group's EBIT is £78.4M making its interest coverage ratio 2. It has cash and short-term investments of £327.3M.
Key information
61.2%
Debt to equity ratio
UK£316.50m
Debt
Interest coverage ratio | 2x |
Cash | UK£327.30m |
Equity | UK£517.10m |
Total liabilities | UK£1.69b |
Total assets | UK£2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIER.F's short term assets (£922.3M) do not cover its short term liabilities (£1.2B).
Long Term Liabilities: KIER.F's short term assets (£922.3M) exceed its long term liabilities (£535.1M).
Debt to Equity History and Analysis
Debt Level: KIER.F has more cash than its total debt.
Reducing Debt: KIER.F's debt to equity ratio has reduced from 89.6% to 61.2% over the past 5 years.
Debt Coverage: KIER.F's debt is well covered by operating cash flow (86.3%).
Interest Coverage: KIER.F's interest payments on its debt are not well covered by EBIT (2x coverage).