Netcall Balance Sheet Health
Financial Health criteria checks 6/6
Netcall has a total shareholder equity of £40.5M and total debt of £19.0K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are £77.0M and £36.5M respectively. Netcall's EBIT is £5.4M making its interest coverage ratio -6. It has cash and short-term investments of £34.0M.
Key information
0.05%
Debt to equity ratio
UK£19.00k
Debt
| Interest coverage ratio | -6x |
| Cash | UK£34.01m |
| Equity | UK£40.50m |
| Total liabilities | UK£36.54m |
| Total assets | UK£77.04m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: NEW's short term assets (£41.5M) exceed its short term liabilities (£34.0M).
Long Term Liabilities: NEW's short term assets (£41.5M) exceed its long term liabilities (£2.6M).
Debt to Equity History and Analysis
Debt Level: NEW has more cash than its total debt.
Reducing Debt: NEW's debt to equity ratio has reduced from 30.2% to 0.05% over the past 5 years.
Debt Coverage: NEW's debt is well covered by operating cash flow (77515.8%).
Interest Coverage: NEW earns more interest than it pays, so coverage of interest payments is not a concern.