GB Group Balance Sheet Health
Financial Health criteria checks 3/6
GB Group has a total shareholder equity of £589.4M and total debt of £87.0M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are £786.2M and £196.7M respectively.
Key information
14.8%
Debt to equity ratio
UK£86.97m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£15.98m |
| Equity | UK£589.44m |
| Total liabilities | UK£196.73m |
| Total assets | UK£786.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBGP.F's short term assets (£82.1M) do not cover its short term liabilities (£85.6M).
Long Term Liabilities: GBGP.F's short term assets (£82.1M) do not cover its long term liabilities (£111.1M).
Debt to Equity History and Analysis
Debt Level: GBGP.F's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: GBGP.F's debt to equity ratio has reduced from 22.7% to 14.8% over the past 5 years.
Debt Coverage: GBGP.F's debt is well covered by operating cash flow (52.3%).
Interest Coverage: Insufficient data to determine if GBGP.F's interest payments on its debt are well covered by EBIT.