1Spatial Balance Sheet Health
Financial Health criteria checks 5/6
1Spatial has a total shareholder equity of £18.2M and total debt of £4.0M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are £37.8M and £19.7M respectively. 1Spatial's EBIT is £2.4M making its interest coverage ratio 7.2. It has cash and short-term investments of £3.1M.
Key information
21.8%
Debt to equity ratio
UK£3.97m
Debt
| Interest coverage ratio | 7.2x |
| Cash | UK£3.11m |
| Equity | UK£18.18m |
| Total liabilities | UK£19.66m |
| Total assets | UK£37.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G7Z1's short term assets (£15.7M) exceed its short term liabilities (£13.7M).
Long Term Liabilities: G7Z1's short term assets (£15.7M) exceed its long term liabilities (£6.0M).
Debt to Equity History and Analysis
Debt Level: G7Z1's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: G7Z1's debt to equity ratio has increased from 4.4% to 21.8% over the past 5 years.
Debt Coverage: G7Z1's debt is well covered by operating cash flow (113.7%).
Interest Coverage: G7Z1's interest payments on its debt are well covered by EBIT (7.2x coverage).