Aptitude Software Group Balance Sheet Health
Financial Health criteria checks 5/6
Aptitude Software Group has a total shareholder equity of £58.7M and total debt of £7.8M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are £112.1M and £53.4M respectively. Aptitude Software Group's EBIT is £6.3M making its interest coverage ratio 73.2. It has cash and short-term investments of £24.4M.
Key information
13.3%
Debt to equity ratio
UK£7.79m
Debt
| Interest coverage ratio | 73.2x |
| Cash | UK£24.36m |
| Equity | UK£58.72m |
| Total liabilities | UK£53.37m |
| Total assets | UK£112.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MH5B's short term assets (£43.7M) exceed its short term liabilities (£39.4M).
Long Term Liabilities: MH5B's short term assets (£43.7M) exceed its long term liabilities (£14.0M).
Debt to Equity History and Analysis
Debt Level: MH5B has more cash than its total debt.
Reducing Debt: MH5B's debt to equity ratio has increased from 0% to 13.3% over the past 5 years.
Debt Coverage: MH5B's debt is well covered by operating cash flow (80.3%).
Interest Coverage: MH5B's interest payments on its debt are well covered by EBIT (73.2x coverage).