One Media iP Group Balance Sheet Health
Financial Health criteria checks 6/6
One Media iP Group has a total shareholder equity of £15.1M and total debt of £1.5M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are £18.6M and £3.5M respectively. One Media iP Group's EBIT is £460.5K making its interest coverage ratio 3.3. It has cash and short-term investments of £1.2M.
Key information
9.9%
Debt to equity ratio
UK£1.50m
Debt
Interest coverage ratio | 3.3x |
Cash | UK£1.24m |
Equity | UK£15.13m |
Total liabilities | UK£3.51m |
Total assets | UK£18.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1M9's short term assets (£2.9M) exceed its short term liabilities (£2.3M).
Long Term Liabilities: 1M9's short term assets (£2.9M) exceed its long term liabilities (£1.2M).
Debt to Equity History and Analysis
Debt Level: 1M9's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 1M9's debt to equity ratio has reduced from 21.5% to 9.9% over the past 5 years.
Debt Coverage: 1M9's debt is well covered by operating cash flow (126.7%).
Interest Coverage: 1M9's interest payments on its debt are well covered by EBIT (3.3x coverage).