Gateley (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Gateley (Holdings) has a total shareholder equity of £83.3M and total debt of £13.9M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are £155.0M and £71.7M respectively. Gateley (Holdings)'s EBIT is £23.5M making its interest coverage ratio -11.6. It has cash and short-term investments of £11.6M.
Key information
16.6%
Debt to equity ratio
UK£13.86m
Debt
Interest coverage ratio | -11.6x |
Cash | UK£11.65m |
Equity | UK£83.33m |
Total liabilities | UK£71.66m |
Total assets | UK£154.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5I2's short term assets (£111.4M) exceed its short term liabilities (£26.2M).
Long Term Liabilities: 5I2's short term assets (£111.4M) exceed its long term liabilities (£45.4M).
Debt to Equity History and Analysis
Debt Level: 5I2's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 5I2's debt to equity ratio has reduced from 35.3% to 16.6% over the past 5 years.
Debt Coverage: 5I2's debt is well covered by operating cash flow (67.8%).
Interest Coverage: 5I2 earns more interest than it pays, so coverage of interest payments is not a concern.