Likewise Group Balance Sheet Health
Financial Health criteria checks 3/6
Likewise Group has a total shareholder equity of £39.5M and total debt of £30.4M, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are £101.6M and £62.1M respectively. Likewise Group's EBIT is £1.5M making its interest coverage ratio 1. It has cash and short-term investments of £5.7M.
Key information
76.9%
Debt to equity ratio
UK£30.39m
Debt
Interest coverage ratio | 1x |
Cash | UK£5.71m |
Equity | UK£39.52m |
Total liabilities | UK£62.07m |
Total assets | UK£101.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7RL's short term assets (£43.6M) exceed its short term liabilities (£39.5M).
Long Term Liabilities: 7RL's short term assets (£43.6M) exceed its long term liabilities (£22.6M).
Debt to Equity History and Analysis
Debt Level: 7RL's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: 7RL's debt to equity ratio has reduced from 93.6% to 76.9% over the past 5 years.
Debt Coverage: 7RL's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 7RL's interest payments on its debt are not well covered by EBIT (1x coverage).