Essentra Balance Sheet Health
Financial Health criteria checks 6/6
Essentra has a total shareholder equity of £273.2M and total debt of £95.5M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are £536.0M and £262.8M respectively. Essentra's EBIT is £17.2M making its interest coverage ratio 4. It has cash and short-term investments of £59.7M.
Key information
35.0%
Debt to equity ratio
UK£95.50m
Debt
Interest coverage ratio | 4x |
Cash | UK£59.70m |
Equity | UK£273.20m |
Total liabilities | UK£262.80m |
Total assets | UK£536.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOF's short term assets (£187.3M) exceed its short term liabilities (£113.4M).
Long Term Liabilities: HOF's short term assets (£187.3M) exceed its long term liabilities (£149.4M).
Debt to Equity History and Analysis
Debt Level: HOF's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: HOF's debt to equity ratio has reduced from 51.5% to 35% over the past 5 years.
Debt Coverage: HOF's debt is well covered by operating cash flow (30.9%).
Interest Coverage: HOF's interest payments on its debt are well covered by EBIT (4x coverage).