Is Chemring Group financially healthy?
Yes
Chemring Group could pay off all its debt with 0.9 years of earnings.
The numbers behind it
Net debt / EBITDA0.9 years
Cash vs. debt£65M vs. £154M
Current ratio1.6×Short-term assets for each £1 of bills due within a year
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Chemring Group
Data as of Nov 13, 2026.