Judges Scientific Balance Sheet Health
Financial Health criteria checks 3/6
Judges Scientific has a total shareholder equity of £82.6M and total debt of £58.4M, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are £183.5M and £100.9M respectively. Judges Scientific's EBIT is £21.9M making its interest coverage ratio 5.1. It has cash and short-term investments of £14.8M.
Key information
70.7%
Debt to equity ratio
UK£58.40m
Debt
| Interest coverage ratio | 5.1x |
| Cash | UK£14.80m |
| Equity | UK£82.60m |
| Total liabilities | UK£100.90m |
| Total assets | UK£183.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IUF's short term assets (£65.3M) exceed its short term liabilities (£35.0M).
Long Term Liabilities: IUF's short term assets (£65.3M) do not cover its long term liabilities (£65.9M).
Debt to Equity History and Analysis
Debt Level: IUF's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: IUF's debt to equity ratio has increased from 48.2% to 70.7% over the past 5 years.
Debt Coverage: IUF's debt is well covered by operating cash flow (45.4%).
Interest Coverage: IUF's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/06 19:13 |
| End of Day Share Price | 2024/01/08 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Judges Scientific plc is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Calum Battersby | Berenberg |
| Eleanor Spencer | Berenberg |
| Scott Cagehin | Investec Bank plc (UK) |