FRP Advisory Group Balance Sheet Health
Financial Health criteria checks 6/6
FRP Advisory Group has a total shareholder equity of £77.9M and total debt of £3.2M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are £130.3M and £52.4M respectively. FRP Advisory Group's EBIT is £30.5M making its interest coverage ratio 50.8. It has cash and short-term investments of £32.9M.
Key information
4.1%
Debt to equity ratio
UK£3.20m
Debt
| Interest coverage ratio | 50.8x |
| Cash | UK£32.90m |
| Equity | UK£77.90m |
| Total liabilities | UK£52.40m |
| Total assets | UK£130.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6S6's short term assets (£103.1M) exceed its short term liabilities (£38.5M).
Long Term Liabilities: 6S6's short term assets (£103.1M) exceed its long term liabilities (£13.9M).
Debt to Equity History and Analysis
Debt Level: 6S6 has more cash than its total debt.
Reducing Debt: 6S6 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 6S6's debt is well covered by operating cash flow (800%).
Interest Coverage: 6S6's interest payments on its debt are well covered by EBIT (50.8x coverage).