Ascential Balance Sheet Health
Financial Health criteria checks 2/6
Ascential has a total shareholder equity of £549.5M and total debt of £411.6M, which brings its debt-to-equity ratio to 74.9%. Its total assets and total liabilities are £1.6B and £1.1B respectively. Ascential's EBIT is £34.8M making its interest coverage ratio 2.1. It has cash and short-term investments of £46.4M.
Key information
74.9%
Debt to equity ratio
UK£411.60m
Debt
| Interest coverage ratio | 2.1x |
| Cash | UK£46.40m |
| Equity | UK£549.50m |
| Total liabilities | UK£1.06b |
| Total assets | UK£1.61b |
Recent financial health updates
Does Ascential (LON:ASCL) Have A Healthy Balance Sheet?
Nov 18
Ascential (LON:ASCL) Has A Pretty Healthy Balance Sheet
Oct 06Ascential (LON:ASCL) Seems To Use Debt Quite Sensibly
Jun 02Recent updates
We Think Ascential's (LON:ASCL) Healthy Earnings Might Be Conservative
Mar 29Ascential plc's (LON:ASCL) Share Price Matching Investor Opinion
Mar 22Is There Now An Opportunity In Ascential plc (LON:ASCL)?
Dec 21Does Ascential (LON:ASCL) Have A Healthy Balance Sheet?
Nov 18Are Investors Undervaluing Ascential plc (LON:ASCL) By 41%?
Oct 31Returns On Capital At Ascential (LON:ASCL) Paint A Concerning Picture
Oct 02Ascential plc's (LON:ASCL) Intrinsic Value Is Potentially 87% Above Its Share Price
Jul 12At UK£2.59, Is It Time To Put Ascential plc (LON:ASCL) On Your Watch List?
Apr 27Analysts Have Made A Financial Statement On Ascential plc's (LON:ASCL) Full-Year Report
Apr 02Ascential plc (LON:ASCL) Shares Could Be 49% Below Their Intrinsic Value Estimate
Dec 08Ascential (LON:ASCL) Has A Pretty Healthy Balance Sheet
Oct 06Ascential (LON:ASCL) Seems To Use Debt Quite Sensibly
Jun 02Is There An Opportunity With Ascential plc's (LON:ASCL) 44% Undervaluation?
Jan 06Why Ascential plc (LON:ASCL) Could Be Worth Watching
Sep 07How Much Are Ascential plc (LON:ASCL) Insiders Spending On Buying Shares?
Mar 17Here's What Ascential plc's (LON:ASCL) Shareholder Ownership Structure Looks Like
Feb 28The Ascential (LON:ASCL) Share Price Is Up 64% And Shareholders Are Holding On
Feb 07
Is Ascential plc (LON:ASCL) Potentially Undervalued?
Dec 16Need To Know: Ascential plc (LON:ASCL) Insiders Have Been Buying Shares
Nov 26Financial Position Analysis
Short Term Liabilities: ASCL's short term assets (£1.3B) exceed its short term liabilities (£626.8M).
Long Term Liabilities: ASCL's short term assets (£1.3B) exceed its long term liabilities (£430.0M).
Debt to Equity History and Analysis
Debt Level: ASCL's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: ASCL's debt to equity ratio has increased from 53.5% to 74.9% over the past 5 years.
Debt Coverage: ASCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASCL's interest payments on its debt are not well covered by EBIT (2.1x coverage).