Blancco Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Blancco Technology Group has a total shareholder equity of £82.5M and total debt of £500.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are £99.2M and £16.7M respectively. Blancco Technology Group's EBIT is £3.2M making its interest coverage ratio 16.8. It has cash and short-term investments of £8.4M.
Key information
0.6%
Debt to equity ratio
UK£500.00k
Debt
| Interest coverage ratio | 16.8x |
| Cash | UK£8.44m |
| Equity | UK£82.46m |
| Total liabilities | UK£16.75m |
| Total assets | UK£99.21m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F2B's short term assets (£20.3M) exceed its short term liabilities (£10.6M).
Long Term Liabilities: F2B's short term assets (£20.3M) exceed its long term liabilities (£6.2M).
Debt to Equity History and Analysis
Debt Level: F2B has more cash than its total debt.
Reducing Debt: F2B's debt to equity ratio has reduced from 18.2% to 0.6% over the past 5 years.
Debt Coverage: F2B's debt is well covered by operating cash flow (2129.4%).
Interest Coverage: F2B's interest payments on its debt are well covered by EBIT (16.8x coverage).