Microlise Group Balance Sheet Health
Financial Health criteria checks 6/6
Microlise Group has a total shareholder equity of £75.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £131.2M and £55.5M respectively. Microlise Group's EBIT is £2.6M making its interest coverage ratio -97.4. It has cash and short-term investments of £16.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -97.4x |
| Cash | UK£16.80m |
| Equity | UK£75.67m |
| Total liabilities | UK£55.51m |
| Total assets | UK£131.18m |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Microlise Group plc (LON:SAAS) Shares Up 25% But Growth Is Lacking
Apr 27
Why Investors Shouldn't Be Surprised By Microlise Group plc's (LON:SAAS) 29% Share Price Surge
Feb 01Microlise Group (LON:SAAS) Is Reinvesting At Lower Rates Of Return
Dec 28Sentiment Still Eluding Microlise Group plc (LON:SAAS)
Nov 07Returns On Capital Signal Tricky Times Ahead For Microlise Group (LON:SAAS)
Jun 09Robust Earnings May Not Tell The Whole Story For Microlise Group (LON:SAAS)
May 05Investors Could Be Concerned With Microlise Group's (LON:SAAS) Returns On Capital
Dec 16Microlise Group (LON:SAAS) Is Reinvesting At Lower Rates Of Return
Aug 12Estimating The Fair Value Of Microlise Group plc (LON:SAAS)
Apr 07Financial Position Analysis
Short Term Liabilities: SAAS's short term assets (£41.6M) exceed its short term liabilities (£33.5M).
Long Term Liabilities: SAAS's short term assets (£41.6M) exceed its long term liabilities (£22.0M).
Debt to Equity History and Analysis
Debt Level: SAAS is debt free.
Reducing Debt: SAAS has no debt compared to 5 years ago when its debt to equity ratio was 29.7%.
Debt Coverage: SAAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SAAS has no debt, therefore coverage of interest payments is not a concern.