Foresight Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Foresight Group Holdings has a total shareholder equity of £81.6M and total debt of £368.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are £165.2M and £83.6M respectively. Foresight Group Holdings's EBIT is £47.8M making its interest coverage ratio -143.9. It has cash and short-term investments of £52.4M.
Key information
0.5%
Debt to equity ratio
UK£368.00k
Debt
| Interest coverage ratio | -143.9x |
| Cash | UK£52.36m |
| Equity | UK£81.60m |
| Total liabilities | UK£83.60m |
| Total assets | UK£165.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9LR's short term assets (£81.9M) exceed its short term liabilities (£54.4M).
Long Term Liabilities: 9LR's short term assets (£81.9M) exceed its long term liabilities (£29.2M).
Debt to Equity History and Analysis
Debt Level: 9LR has more cash than its total debt.
Reducing Debt: 9LR's debt to equity ratio has reduced from 2.6% to 0.5% over the past 5 years.
Debt Coverage: 9LR's debt is well covered by operating cash flow (10845.1%).
Interest Coverage: 9LR earns more interest than it pays, so coverage of interest payments is not a concern.