Ascential Balance Sheet Health
Financial Health criteria checks 2/6
Ascential has a total shareholder equity of £549.5M and total debt of £411.6M, which brings its debt-to-equity ratio to 74.9%. Its total assets and total liabilities are £1.6B and £1.1B respectively. Ascential's EBIT is £34.8M making its interest coverage ratio 2.1. It has cash and short-term investments of £46.4M.
Key information
74.9%
Debt to equity ratio
UK£411.60m
Debt
Interest coverage ratio | 2.1x |
Cash | UK£46.40m |
Equity | UK£549.50m |
Total liabilities | UK£1.06b |
Total assets | UK£1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A04's short term assets (£1.3B) exceed its short term liabilities (£626.8M).
Long Term Liabilities: A04's short term assets (£1.3B) exceed its long term liabilities (£430.0M).
Debt to Equity History and Analysis
Debt Level: A04's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: A04's debt to equity ratio has increased from 53.5% to 74.9% over the past 5 years.
Debt Coverage: A04's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A04's interest payments on its debt are not well covered by EBIT (2.1x coverage).