Duke Capital Balance Sheet Health
Financial Health criteria checks 3/6
Duke Capital has a total shareholder equity of £165.3M and total debt of £70.4M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are £238.3M and £73.0M respectively. Duke Capital's EBIT is £20.7M making its interest coverage ratio 2.8. It has cash and short-term investments of £36.3M.
Key information
42.6%
Debt to equity ratio
UK£70.40m
Debt
| Interest coverage ratio | 2.8x |
| Cash | UK£36.26m |
| Equity | UK£165.28m |
| Total liabilities | UK£73.03m |
| Total assets | UK£238.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B34's short term assets (£37.3M) exceed its short term liabilities (£1.3M).
Long Term Liabilities: B34's short term assets (£37.3M) do not cover its long term liabilities (£71.8M).
Debt to Equity History and Analysis
Debt Level: B34's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: B34's debt to equity ratio has increased from 16.2% to 42.6% over the past 5 years.
Debt Coverage: B34's debt is well covered by operating cash flow (32.8%).
Interest Coverage: B34's interest payments on its debt are not well covered by EBIT (2.8x coverage).