CEPS Balance Sheet Health
Financial Health criteria checks 3/6
CEPS has a total shareholder equity of £5.3M and total debt of £9.5M, which brings its debt-to-equity ratio to 178.4%. Its total assets and total liabilities are £23.2M and £17.9M respectively. CEPS's EBIT is £2.6M making its interest coverage ratio 3.4. It has cash and short-term investments of £1.5M.
Key information
178.4%
Debt to equity ratio
UK£9.47m
Debt
Interest coverage ratio | 3.4x |
Cash | UK£1.49m |
Equity | UK£5.31m |
Total liabilities | UK£17.92m |
Total assets | UK£23.23m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CEPS's short term assets (£8.6M) exceed its short term liabilities (£8.2M).
Long Term Liabilities: CEPS's short term assets (£8.6M) do not cover its long term liabilities (£9.7M).
Debt to Equity History and Analysis
Debt Level: CEPS's net debt to equity ratio (150.4%) is considered high.
Reducing Debt: CEPS's debt to equity ratio has increased from 58.7% to 178.4% over the past 5 years.
Debt Coverage: CEPS's debt is well covered by operating cash flow (30.1%).
Interest Coverage: CEPS's interest payments on its debt are well covered by EBIT (3.4x coverage).