SDI Group Balance Sheet Health
Financial Health criteria checks 4/6
SDI Group has a total shareholder equity of £45.4M and total debt of £14.6M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are £81.7M and £36.2M respectively. SDI Group's EBIT is £7.3M making its interest coverage ratio 4.5. It has cash and short-term investments of £1.4M.
Key information
32.1%
Debt to equity ratio
UK£14.60m
Debt
| Interest coverage ratio | 4.5x |
| Cash | UK£1.43m |
| Equity | UK£45.43m |
| Total liabilities | UK£36.23m |
| Total assets | UK£81.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDII.F's short term assets (£24.8M) exceed its short term liabilities (£10.5M).
Long Term Liabilities: SDII.F's short term assets (£24.8M) do not cover its long term liabilities (£25.7M).
Debt to Equity History and Analysis
Debt Level: SDII.F's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: SDII.F's debt to equity ratio has increased from 23.4% to 32.1% over the past 5 years.
Debt Coverage: SDII.F's debt is well covered by operating cash flow (40%).
Interest Coverage: SDII.F's interest payments on its debt are well covered by EBIT (4.5x coverage).