Diploma Balance Sheet Health
Financial Health criteria checks 5/6
Diploma has a total shareholder equity of £902.0M and total debt of £317.1M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are £1.6B and £687.3M respectively. Diploma's EBIT is £195.9M making its interest coverage ratio 7.6. It has cash and short-term investments of £62.4M.
Key information
35.2%
Debt to equity ratio
UK£317.10m
Debt
Interest coverage ratio | 7.6x |
Cash | UK£62.40m |
Equity | UK£902.00m |
Total liabilities | UK£687.30m |
Total assets | UK£1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DP9's short term assets (£488.2M) exceed its short term liabilities (£236.5M).
Long Term Liabilities: DP9's short term assets (£488.2M) exceed its long term liabilities (£450.8M).
Debt to Equity History and Analysis
Debt Level: DP9's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: DP9's debt to equity ratio has increased from 0% to 35.2% over the past 5 years.
Debt Coverage: DP9's debt is well covered by operating cash flow (59.7%).
Interest Coverage: DP9's interest payments on its debt are well covered by EBIT (7.6x coverage).