Epwin Group Balance Sheet Health
Financial Health criteria checks 5/6
Epwin Group has a total shareholder equity of £102.0M and total debt of £24.7M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are £294.6M and £192.6M respectively. Epwin Group's EBIT is £20.8M making its interest coverage ratio 3.1. It has cash and short-term investments of £7.1M.
Key information
24.2%
Debt to equity ratio
UK£24.70m
Debt
| Interest coverage ratio | 3.1x |
| Cash | UK£7.10m |
| Equity | UK£102.00m |
| Total liabilities | UK£192.60m |
| Total assets | UK£294.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2E3's short term assets (£92.9M) exceed its short term liabilities (£78.7M).
Long Term Liabilities: 2E3's short term assets (£92.9M) do not cover its long term liabilities (£113.9M).
Debt to Equity History and Analysis
Debt Level: 2E3's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 2E3's debt to equity ratio has reduced from 43.4% to 24.2% over the past 5 years.
Debt Coverage: 2E3's debt is well covered by operating cash flow (138.9%).
Interest Coverage: 2E3's interest payments on its debt are well covered by EBIT (3.1x coverage).