What is the level of liabilities of Speedy Hire this year?
Speedy Hire has a debt balance of 291.8 M GBP this year.
Speedy Hire Liabilities 2024
Speedy Hire Liabilities
291.8 M GBP
Speedy Hire Dividend yield
9.37 %
Ticker
SDY.L
ISIN
GB0000163088
WKN
905381
In 2024, Speedy Hire's total liabilities amounted to 291.8 M GBP, a 7.99% difference from the 270.2 M GBP total liabilities in the previous year.
Speedy Hire Aktienanalyse
What does Speedy Hire do?
Speedy Hire PLC is a British company that specializes in tool and equipment rental. The company was founded in 1977 with the aim of meeting the demand for work equipment in the market. Today, Speedy Hire PLC has become one of the leading providers of rental tools and equipment in the UK. The company offers its customers a wide range of equipment, from small hand tools to large machinery. It operates more than 200 branches across the country and employs around 4,000 people. The business model of Speedy Hire PLC is based on renting tools and equipment to companies and private users. The company offers its customers an extensive range of rental equipment and machinery. In addition, Speedy Hire PLC also provides sales and maintenance services. The range of products and equipment offered by Speedy Hire PLC covers a variety of sectors, catering to the needs of customers in the construction, industrial, commercial, and service sectors. Examples of equipment rented by Speedy Hire PLC include lifts, generators, construction lighting, welding machines, power tools, and construction equipment. Another division of Speedy Hire PLC is the rental of scissor lifts, scaffolding, and other equipment in the field of height access. These devices are particularly useful for work on building facades, cleaning operations, or in the construction industry. Another important business area of Speedy Hire PLC is the rental of portable toilets and containers. These are rented by companies and individuals who temporarily need more space or require a mobile sanitation facility. In recent years, Speedy Hire PLC has also invested in the rental of digital services, now offering telematics-controlled equipment management and GPS tracking. This enables customers to use and manage their equipment more effectively. Overall, Speedy Hire PLC is a successful British company specializing in tool and equipment rental. Through its wide product range and high quality standards, it has established itself as a reliable partner for businesses and individual customers. Speedy Hire ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing Speedy Hire's Liabilities
Speedy Hire's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Speedy Hire's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Speedy Hire's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Speedy Hire's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Speedy Hire’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Speedy Hire Stock
What were the liabilities of Speedy Hire compared to the previous year?
The liabilities of Speedy Hire have increased by 7.99% increased compared to the previous year.
What are the consequences of high debt for investors of Speedy Hire?
High liabilities can pose a risk for investors of Speedy Hire, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Speedy Hire?
Low liabilities mean that Speedy Hire has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Speedy Hire affect the company?
An increase in liabilities of Speedy Hire can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Speedy Hire affect the company?
A decrease in the liabilities of Speedy Hire can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Speedy Hire?
Some factors that can influence the liabilities of Speedy Hire include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Speedy Hire so important for investors?
The liabilities of Speedy Hire are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Speedy Hire take to modify the liabilities?
To change its liabilities, Speedy Hire can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does Speedy Hire pay?
Over the past 12 months, Speedy Hire paid a dividend of 0.03 GBP . This corresponds to a dividend yield of about 9.37 %. For the coming 12 months, Speedy Hire is expected to pay a dividend of 0.03 GBP.
What is the dividend yield of Speedy Hire?
The current dividend yield of Speedy Hire is 9.37 %.
When does Speedy Hire pay dividends?
Speedy Hire pays a quarterly dividend. This is distributed in the months of September, January, September, January.
How secure is the dividend of Speedy Hire?
Speedy Hire paid dividends every year for the past 7 years.
What is the dividend of Speedy Hire?
For the upcoming 12 months, dividends amounting to 0.03 GBP are expected. This corresponds to a dividend yield of 9.32 %.
In which sector is Speedy Hire located?
Speedy Hire is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Speedy Hire kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Speedy Hire from 1/19/2024 amounting to 0.008 GBP, you needed to have the stock in your portfolio before the ex-date on 12/7/2023.
When did Speedy Hire pay the last dividend?
The last dividend was paid out on 1/19/2024.
What was the dividend of Speedy Hire in the year 2023?
In the year 2023, Speedy Hire distributed 0.023 GBP as dividends.
In which currency does Speedy Hire pay out the dividend?
The dividends of Speedy Hire are distributed in GBP.
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Andere Kennzahlen von Speedy Hire
Our stock analysis for Speedy Hire Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Speedy Hire Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
