XPS Pensions Group Balance Sheet Health
Financial Health criteria checks 6/6
XPS Pensions Group has a total shareholder equity of £185.9M and total debt of £23.4M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are £281.9M and £96.0M respectively. XPS Pensions Group's EBIT is £34.4M making its interest coverage ratio 8.8. It has cash and short-term investments of £10.0M.
Key information
12.6%
Debt to equity ratio
UK£23.39m
Debt
| Interest coverage ratio | 8.8x |
| Cash | UK£10.01m |
| Equity | UK£185.85m |
| Total liabilities | UK£96.01m |
| Total assets | UK£281.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 406's short term assets (£60.9M) exceed its short term liabilities (£47.9M).
Long Term Liabilities: 406's short term assets (£60.9M) exceed its long term liabilities (£48.1M).
Debt to Equity History and Analysis
Debt Level: 406's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: 406's debt to equity ratio has reduced from 36.3% to 12.6% over the past 5 years.
Debt Coverage: 406's debt is well covered by operating cash flow (183.6%).
Interest Coverage: 406's interest payments on its debt are well covered by EBIT (8.8x coverage).