Computacenter Balance Sheet Health
Financial Health criteria checks 6/6
Computacenter has a total shareholder equity of £949.4M and total debt of £12.2M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are £3.1B and £2.1B respectively. Computacenter's EBIT is £260.7M making its interest coverage ratio -79. It has cash and short-term investments of £471.2M.
Key information
1.3%
Debt to equity ratio
UK£12.20m
Debt
Interest coverage ratio | -79x |
Cash | UK£471.20m |
Equity | UK£949.40m |
Total liabilities | UK£2.11b |
Total assets | UK£3.06b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COUD's short term assets (£2.5B) exceed its short term liabilities (£2.0B).
Long Term Liabilities: COUD's short term assets (£2.5B) exceed its long term liabilities (£136.3M).
Debt to Equity History and Analysis
Debt Level: COUD has more cash than its total debt.
Reducing Debt: COUD's debt to equity ratio has reduced from 30% to 1.3% over the past 5 years.
Debt Coverage: COUD's debt is well covered by operating cash flow (3365.6%).
Interest Coverage: COUD earns more interest than it pays, so coverage of interest payments is not a concern.