Gateley (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Gateley (Holdings) has a total shareholder equity of £80.3M and total debt of £12.9M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are £163.1M and £82.8M respectively. Gateley (Holdings)'s EBIT is £20.3M making its interest coverage ratio -7.3. It has cash and short-term investments of £16.7M.
Key information
16.1%
Debt to equity ratio
UK£12.91m
Debt
| Interest coverage ratio | -7.3x |
| Cash | UK£16.67m |
| Equity | UK£80.33m |
| Total liabilities | UK£82.79m |
| Total assets | UK£163.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5I2's short term assets (£122.7M) exceed its short term liabilities (£51.9M).
Long Term Liabilities: 5I2's short term assets (£122.7M) exceed its long term liabilities (£30.9M).
Debt to Equity History and Analysis
Debt Level: 5I2 has more cash than its total debt.
Reducing Debt: 5I2's debt to equity ratio has reduced from 20% to 16.1% over the past 5 years.
Debt Coverage: 5I2's debt is well covered by operating cash flow (108.3%).
Interest Coverage: 5I2 earns more interest than it pays, so coverage of interest payments is not a concern.