Chapel Down Group Balance Sheet Health
Financial Health criteria checks 4/6
Chapel Down Group has a total shareholder equity of £34.7M and total debt of £6.9M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are £52.7M and £18.1M respectively. Chapel Down Group's EBIT is £1.7M making its interest coverage ratio 6.5. It has cash and short-term investments of £1.1M.
Key information
19.9%
Debt to equity ratio
UK£6.92m
Debt
| Interest coverage ratio | 6.5x |
| Cash | UK£1.14m |
| Equity | UK£34.68m |
| Total liabilities | UK£18.07m |
| Total assets | UK£52.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1U6's short term assets (£28.6M) exceed its short term liabilities (£3.1M).
Long Term Liabilities: 1U6's short term assets (£28.6M) exceed its long term liabilities (£15.0M).
Debt to Equity History and Analysis
Debt Level: 1U6's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 1U6's debt to equity ratio has increased from 19.2% to 19.9% over the past 5 years.
Debt Coverage: 1U6's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1U6's interest payments on its debt are well covered by EBIT (6.5x coverage).