Intercede Group Balance Sheet Health
Financial Health criteria checks 6/6
Intercede Group has a total shareholder equity of £8.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £16.8M and £8.1M respectively. Intercede Group's EBIT is £934.0K making its interest coverage ratio -4.6. It has cash and short-term investments of £9.7M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -4.6x |
Cash | UK£9.72m |
Equity | UK£8.67m |
Total liabilities | UK£8.13m |
Total assets | UK£16.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LYD's short term assets (£13.3M) exceed its short term liabilities (£7.1M).
Long Term Liabilities: LYD's short term assets (£13.3M) exceed its long term liabilities (£997.0K).
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.