Begbies Traynor Group Balance Sheet Health
Financial Health criteria checks 6/6
Begbies Traynor Group has a total shareholder equity of £80.2M and total debt of £7.0M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are £155.9M and £75.7M respectively. Begbies Traynor Group's EBIT is £14.0M making its interest coverage ratio 9.6. It has cash and short-term investments of £8.1M.
Key information
8.7%
Debt to equity ratio
UK£7.00m
Debt
Interest coverage ratio | 9.6x |
Cash | UK£8.06m |
Equity | UK£80.18m |
Total liabilities | UK£75.71m |
Total assets | UK£155.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTA's short term assets (£68.3M) exceed its short term liabilities (£51.4M).
Long Term Liabilities: BTA's short term assets (£68.3M) exceed its long term liabilities (£24.3M).
Debt to Equity History and Analysis
Debt Level: BTA has more cash than its total debt.
Reducing Debt: BTA's debt to equity ratio has reduced from 18.1% to 8.7% over the past 5 years.
Debt Coverage: BTA's debt is well covered by operating cash flow (179.2%).
Interest Coverage: BTA's interest payments on its debt are well covered by EBIT (9.6x coverage).