Card Factory Balance Sheet Health
Financial Health criteria checks 5/6
Card Factory has a total shareholder equity of £311.8M and total debt of £99.9M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are £598.0M and £286.2M respectively. Card Factory's EBIT is £70.9M making its interest coverage ratio 4.8. It has cash and short-term investments of £26.7M.
Key information
32.0%
Debt to equity ratio
UK£99.90m
Debt
| Interest coverage ratio | 4.8x |
| Cash | UK£26.70m |
| Equity | UK£311.80m |
| Total liabilities | UK£286.20m |
| Total assets | UK£598.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0CT's short term assets (£114.8M) exceed its short term liabilities (£104.8M).
Long Term Liabilities: 0CT's short term assets (£114.8M) do not cover its long term liabilities (£181.4M).
Debt to Equity History and Analysis
Debt Level: 0CT's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: 0CT's debt to equity ratio has reduced from 78.8% to 32% over the past 5 years.
Debt Coverage: 0CT's debt is well covered by operating cash flow (84%).
Interest Coverage: 0CT's interest payments on its debt are well covered by EBIT (4.8x coverage).