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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. He added that Kier had generated better positive operating cash flow for the year and would now report a net cash position of around £60m at the year-end, higher than the £2.9m

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Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital. 3 types of capital for construction.

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Industry Strategies for Weathering a Market Correction

Pro Builder

Home builders are weighing the risks of taking on new construction projects in a market slowdown, and while some are pressing the brakes and slowing their production rates, others are forging ahead and waiting for rates to fall next year, John Burns Real Estate Consulting reports. Others will need every penny to repay debt.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. FINANCIAL RATIOS: DEBT . Debt Ratio .

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Construction Law: May 2024

Construction Law

News Our regular news round up includes a survey saying collaboration is on the rise; Network Rail promises a partnering approach in its new framework; and a warning that carbon reduction policy risks legal challenge. Arbitration Restructuring versus arbitral awards – will the debt survive?

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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

However, larger projects come with greater risks and additional challenges. Large, multi-year projects are also more likely to face risks from potential economic changes, supply chain issues, and other unforeseen pressures that can threaten them. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings.

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Contractor Cash Flow Problems Caused By A Bookkeeping Troll

Contractor Bookkeeping

It is in their blood to take risks, work hard, play hard, get into the mud, the blood and the beer (in my case substitute beer for Dr. Pepper), take a few punches, get up, punch back and press on until victory is achieved. And starting from scratch is much harder than turning an existing company around.