Sabre Insurance Group Balance Sheet Health
Financial Health criteria checks 5/6
Sabre Insurance Group has a total shareholder equity of £222.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £576.2M and £353.7M respectively. Sabre Insurance Group's EBIT is £12.8M making its interest coverage ratio 2551. It has cash and short-term investments of £18.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 2551x |
Cash | UK£18.50m |
Equity | UK£222.50m |
Total liabilities | UK£353.67m |
Total assets | UK£576.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBIG.Y's short term assets (£169.0M) do not cover its short term liabilities (£353.7M).
Long Term Liabilities: SBIG.Y has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SBIG.Y is debt free.
Reducing Debt: SBIG.Y has not had any debt for past 5 years.
Debt Coverage: SBIG.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SBIG.Y has no debt, therefore coverage of interest payments is not a concern.