Coral Products Balance Sheet Health
Financial Health criteria checks 2/6
Coral Products has a total shareholder equity of £12.3M and total debt of £9.8M, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are £30.2M and £17.9M respectively. Coral Products's EBIT is £357.0K making its interest coverage ratio 0.3. It has cash and short-term investments of £2.0M.
Key information
80.1%
Debt to equity ratio
UK£9.83m
Debt
| Interest coverage ratio | 0.3x |
| Cash | UK£2.01m |
| Equity | UK£12.27m |
| Total liabilities | UK£17.90m |
| Total assets | UK£30.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EN's short term assets (£15.1M) exceed its short term liabilities (£12.7M).
Long Term Liabilities: 0EN's short term assets (£15.1M) exceed its long term liabilities (£5.2M).
Debt to Equity History and Analysis
Debt Level: 0EN's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: 0EN's debt to equity ratio has increased from 38.7% to 80.1% over the past 5 years.
Debt Coverage: 0EN's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 0EN's interest payments on its debt are not well covered by EBIT (0.3x coverage).