Eurocell Balance Sheet Health
Financial Health criteria checks 6/6
Eurocell has a total shareholder equity of £106.8M and total debt of £5.8M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are £228.4M and £121.6M respectively. Eurocell's EBIT is £16.2M making its interest coverage ratio 5.6. It has cash and short-term investments of £1.5M.
Key information
5.4%
Debt to equity ratio
UK£5.80m
Debt
| Interest coverage ratio | 5.6x |
| Cash | UK£1.50m |
| Equity | UK£106.80m |
| Total liabilities | UK£121.60m |
| Total assets | UK£228.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6YQ's short term assets (£100.0M) exceed its short term liabilities (£63.1M).
Long Term Liabilities: 6YQ's short term assets (£100.0M) exceed its long term liabilities (£58.5M).
Debt to Equity History and Analysis
Debt Level: 6YQ's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 6YQ's debt to equity ratio has reduced from 66% to 5.4% over the past 5 years.
Debt Coverage: 6YQ's debt is well covered by operating cash flow (927.6%).
Interest Coverage: 6YQ's interest payments on its debt are well covered by EBIT (5.6x coverage).