Intercede Group Balance Sheet Health
Financial Health criteria checks 6/6
Intercede Group has a total shareholder equity of £15.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £25.0M and £10.0M respectively. Intercede Group's EBIT is £5.6M making its interest coverage ratio -18.9. It has cash and short-term investments of £16.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -18.9x |
| Cash | UK£16.20m |
| Equity | UK£15.02m |
| Total liabilities | UK£10.00m |
| Total assets | UK£25.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LYD's short term assets (£20.9M) exceed its short term liabilities (£8.7M).
Long Term Liabilities: LYD's short term assets (£20.9M) exceed its long term liabilities (£1.3M).
Debt to Equity History and Analysis
Debt Level: LYD is debt free.
Reducing Debt: LYD currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: LYD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LYD has no debt, therefore coverage of interest payments is not a concern.