Macfarlane Group Balance Sheet Health
Financial Health criteria checks 6/6
Macfarlane Group has a total shareholder equity of £114.6M and total debt of £7.2M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are £221.2M and £106.7M respectively. Macfarlane Group's EBIT is £22.6M making its interest coverage ratio 9.8. It has cash and short-term investments of £7.7M.
Key information
6.3%
Debt to equity ratio
UK£7.16m
Debt
Interest coverage ratio | 9.8x |
Cash | UK£7.69m |
Equity | UK£114.58m |
Total liabilities | UK£106.65m |
Total assets | UK£221.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5K6's short term assets (£79.2M) exceed its short term liabilities (£66.5M).
Long Term Liabilities: 5K6's short term assets (£79.2M) exceed its long term liabilities (£40.2M).
Debt to Equity History and Analysis
Debt Level: 5K6 has more cash than its total debt.
Reducing Debt: 5K6's debt to equity ratio has reduced from 28.4% to 6.3% over the past 5 years.
Debt Coverage: 5K6's debt is well covered by operating cash flow (467.7%).
Interest Coverage: 5K6's interest payments on its debt are well covered by EBIT (9.8x coverage).