Smiths News plc

LSE SNWS.L

Smiths News plc Interest Coverage Ratio for the year ending August 31, 2024: 6.44

Smiths News plc Interest Coverage Ratio is 6.44 for the year ending August 31, 2024, a -8.66% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Smiths News plc Interest Coverage Ratio for the year ending August 31, 2023 was 7.06, a 8.70% change year over year.
Smiths News plc Interest Coverage Ratio for the year ending August 31, 2022 was 6.49, a 12.30% change year over year.
Smiths News plc Interest Coverage Ratio for the year ending August 31, 2021 was 5.78, a 80.44% change year over year.
Smiths News plc Interest Coverage Ratio for the year ending August 31, 2020 was 3.20, a -48.11% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

LSE: SNWS.L

Smiths News plc

CEO	Mr. Jonathan Michael Bunting
IPO Date	July 1, 1988
Location	United Kingdom
Headquarters	Rowan House
Employees	1,431
Sector	Communication Services
Industries Publishing & Broadcasting Retail & Wholesale

Description

Smiths News plc, together with its subsidiaries, engages in the wholesaling of newspapers and magazines in the United Kingdom and internationally. It also supplies inflight entertainment to airlines and travel points; and offers field-based merchandising and marketing, supply chain auditing, and compliance solutions to retailers and suppliers. The company was formerly known as Connect Group PLC and changed its name to Smiths News plc in November 2020. Smiths News plc was incorporated in 2004 and is based in Swindon, the United Kingdom.

Key trends

Past 5 years