Likewise Group Balance Sheet Health
Financial Health criteria checks 4/6
Likewise Group has a total shareholder equity of £39.2M and total debt of £9.9M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are £100.7M and £61.5M respectively. Likewise Group's EBIT is £1.9M making its interest coverage ratio 1.2. It has cash and short-term investments of £3.2M.
Key information
25.1%
Debt to equity ratio
UK£9.85m
Debt
| Interest coverage ratio | 1.2x |
| Cash | UK£3.23m |
| Equity | UK£39.22m |
| Total liabilities | UK£61.47m |
| Total assets | UK£100.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7RL's short term assets (£44.3M) exceed its short term liabilities (£40.3M).
Long Term Liabilities: 7RL's short term assets (£44.3M) exceed its long term liabilities (£21.2M).
Debt to Equity History and Analysis
Debt Level: 7RL's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: 7RL's debt to equity ratio has increased from 13% to 25.1% over the past 5 years.
Debt Coverage: 7RL's debt is well covered by operating cash flow (73.7%).
Interest Coverage: 7RL's interest payments on its debt are not well covered by EBIT (1.2x coverage).