Mission Group Balance Sheet Health
Financial Health criteria checks 3/6
Mission Group has a total shareholder equity of £76.7M and total debt of £19.9M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are £167.7M and £90.9M respectively. Mission Group's EBIT is £4.7M making its interest coverage ratio 1.6. It has cash and short-term investments of £226.0K.
Key information
25.9%
Debt to equity ratio
UK£19.85m
Debt
| Interest coverage ratio | 1.6x |
| Cash | UK£226.00k |
| Equity | UK£76.72m |
| Total liabilities | UK£90.94m |
| Total assets | UK£167.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M7K's short term assets (£58.3M) exceed its short term liabilities (£54.7M).
Long Term Liabilities: M7K's short term assets (£58.3M) exceed its long term liabilities (£36.2M).
Debt to Equity History and Analysis
Debt Level: M7K's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: M7K's debt to equity ratio has increased from 8.8% to 25.9% over the past 5 years.
Debt Coverage: M7K's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: M7K's interest payments on its debt are not well covered by EBIT (1.6x coverage).