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).