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Kier whittles net debt down to £230m

Construction Enquirer

Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. In a year-end trading statement, Kier said it had also managed to keep the order book above £10bn, with 85% of next year’s forecast revenue already secured. reported in the prior year.

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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

That improved balance sheet for green buildings translates directly into green buildings having over 30% fewer commercial mortgage backed securities defaults. There is no underwriting justification for lenders charging the same interest rates on mortgages secured by green buildings. Today there is a nascent (.

Green 293
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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . FINANCIAL RATIOS: DEBT . Debt Ratio . Debt Ratio measures the extent of a company’s leverage. It can be used to determine the proportion of a company’s assets that are financed by debt. Debt-to-Equity

Safety 94
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ISG margins squeezed as orders hit record £1.9bn

Construction Enquirer

As a result reported pre-tax profit dropped to £11.5m In his first year as chief executive, Matt Blowers saw the firm secure its largest ever job, a £600m order to deliver Sunset Waltham Cross Studios development in Broxbourne, Hertfordshire. . profit from £1.2bn revenue. from 0.83% previously. from £18.5m

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Declare Your Independence From Subpar Construction Software

Viewpoint Construction Technology

This Fourth of July, as America celebrates a young 242 years as a free nation, you might be tempted to think of other things you’d like to break free from — debt, social drama, jury duty or perhaps work-related stress. What’s better for your organization’s productivity and profitability than a construction-specific, integrated ERP?

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Phases of Commercial Real Estate Development

Construction Marketing

You must secure financing for the project. The developer may also be responsible for arranging to finance the project, which can consist of a combination of equity and debt. Successful developers can identify opportunities, navigate the development process, and make informed decisions to create profitable and successful projects.

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Builders Need to Influence Their Teams to Get the COVID-19 Vaccination

Pro Builder

Builders and construction executives are responsible for more than securing certificates of occupancy and laying foundations. I support their financial literacy efforts with 401k contribution education and personal debt management. Across the country, construction industry employees leave their homes daily and travel . ?Builders

Debt 52