Creightons Balance Sheet Health
Financial Health criteria checks 5/6
Creightons has a total shareholder equity of £23.0M and total debt of £2.2M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are £38.9M and £15.9M respectively. Creightons's EBIT is £2.7M making its interest coverage ratio 11.5. It has cash and short-term investments of £2.3M.
Key information
9.5%
Debt to equity ratio
UK£2.19m
Debt
| Interest coverage ratio | 11.5x |
| Cash | UK£2.25m |
| Equity | UK£22.99m |
| Total liabilities | UK£15.95m |
| Total assets | UK£38.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5K8's short term assets (£24.7M) exceed its short term liabilities (£11.5M).
Long Term Liabilities: 5K8's short term assets (£24.7M) exceed its long term liabilities (£4.5M).
Debt to Equity History and Analysis
Debt Level: 5K8 has more cash than its total debt.
Reducing Debt: 5K8's debt to equity ratio has increased from 4.8% to 9.5% over the past 5 years.
Debt Coverage: 5K8's debt is well covered by operating cash flow (266%).
Interest Coverage: 5K8's interest payments on its debt are well covered by EBIT (11.5x coverage).