Instem Balance Sheet Health
Financial Health criteria checks 4/6
Instem has a total shareholder equity of £54.6M and total debt of £1.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are £83.7M and £29.0M respectively. Instem's EBIT is £6.3M making its interest coverage ratio 20.5. It has cash and short-term investments of £8.4M.
Key information
1.9%
Debt to equity ratio
UK£1.03m
Debt
Interest coverage ratio | 20.5x |
Cash | UK£8.44m |
Equity | UK£54.64m |
Total liabilities | UK£29.01m |
Total assets | UK£83.65m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 54I's short term assets (£24.2M) do not cover its short term liabilities (£25.5M).
Long Term Liabilities: 54I's short term assets (£24.2M) exceed its long term liabilities (£3.5M).
Debt to Equity History and Analysis
Debt Level: 54I has more cash than its total debt.
Reducing Debt: 54I's debt to equity ratio has increased from 0% to 1.9% over the past 5 years.
Debt Coverage: 54I's debt is well covered by operating cash flow (819.6%).
Interest Coverage: 54I's interest payments on its debt are well covered by EBIT (20.5x coverage).