Sage Group Balance Sheet Health
Financial Health criteria checks 3/6
Sage Group has a total shareholder equity of £1.4B and total debt of £1.2B, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are £3.9B and £2.5B respectively. Sage Group's EBIT is £424.0M making its interest coverage ratio 12.8. It has cash and short-term investments of £696.0M.
Key information
83.2%
Debt to equity ratio
UK£1.17b
Debt
Interest coverage ratio | 12.8x |
Cash | UK£696.00m |
Equity | UK£1.41b |
Total liabilities | UK£2.53b |
Total assets | UK£3.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGGE.F's short term assets (£1.1B) do not cover its short term liabilities (£1.2B).
Long Term Liabilities: SGGE.F's short term assets (£1.1B) do not cover its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: SGGE.F's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: SGGE.F's debt to equity ratio has increased from 69.4% to 83.2% over the past 5 years.
Debt Coverage: SGGE.F's debt is well covered by operating cash flow (33%).
Interest Coverage: SGGE.F's interest payments on its debt are well covered by EBIT (12.8x coverage).