XPS Pensions Group Balance Sheet Health
Financial Health criteria checks 6/6
XPS Pensions Group has a total shareholder equity of £182.5M and total debt of £31.5M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are £289.9M and £107.4M respectively. XPS Pensions Group's EBIT is £41.8M making its interest coverage ratio 15.5. It has cash and short-term investments of £9.6M.
Key information
17.3%
Debt to equity ratio
UK£31.52m
Debt
| Interest coverage ratio | 15.5x |
| Cash | UK£9.57m |
| Equity | UK£182.53m |
| Total liabilities | UK£107.42m |
| Total assets | UK£289.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 406's short term assets (£64.1M) exceed its short term liabilities (£45.2M).
Long Term Liabilities: 406's short term assets (£64.1M) exceed its long term liabilities (£62.3M).
Debt to Equity History and Analysis
Debt Level: 406's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: 406's debt to equity ratio has reduced from 44.1% to 17.3% over the past 5 years.
Debt Coverage: 406's debt is well covered by operating cash flow (159.8%).
Interest Coverage: 406's interest payments on its debt are well covered by EBIT (15.5x coverage).