Judges Scientific Balance Sheet Health
Financial Health criteria checks 3/6
Judges Scientific has a total shareholder equity of £87.4M and total debt of £55.3M, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are £183.6M and £96.2M respectively. Judges Scientific's EBIT is £21.8M making its interest coverage ratio 15.6. It has cash and short-term investments of £6.9M.
Key information
63.3%
Debt to equity ratio
UK£55.30m
Debt
| Interest coverage ratio | 15.6x |
| Cash | UK£6.90m |
| Equity | UK£87.40m |
| Total liabilities | UK£96.20m |
| Total assets | UK£183.60m |
Recent financial health updates
Does Judges Scientific (LON:JDG) Have A Healthy Balance Sheet?
Jun 06
Judges Scientific (LON:JDG) Seems To Use Debt Rather Sparingly
Nov 03These 4 Measures Indicate That Judges Scientific (LON:JDG) Is Using Debt Reasonably Well
Apr 04Recent updates
Returns On Capital At Judges Scientific (LON:JDG) Paint A Concerning Picture
Nov 19Estimating The Fair Value Of Judges Scientific plc (LON:JDG)
Jun 26Shareholders Should Be Pleased With Judges Scientific plc's (LON:JDG) Price
Jun 13Judges Scientific (LON:JDG) Will Want To Turn Around Its Return Trends
Apr 23Judges Scientific's (LON:JDG) Soft Earnings Are Actually Better Than They Appear
Mar 28Estimating The Intrinsic Value Of Judges Scientific plc (LON:JDG)
Mar 07Is There Now An Opportunity In Judges Scientific plc (LON:JDG)?
Nov 17A Look At The Fair Value Of Judges Scientific plc (LON:JDG)
Oct 11Does Judges Scientific (LON:JDG) Have A Healthy Balance Sheet?
Jun 06Judges Scientific (LON:JDG) Seems To Use Debt Rather Sparingly
Nov 03Judges Scientific (LON:JDG) Will Pay A Larger Dividend Than Last Year At UK£0.47
Apr 28Judges Scientific (LON:JDG) Will Pay A Larger Dividend Than Last Year At UK£0.47
Apr 01There's Been No Shortage Of Growth Recently For Judges Scientific's (LON:JDG) Returns On Capital
Mar 08Here's Why I Think Judges Scientific (LON:JDG) Is An Interesting Stock
Oct 20Is There Now An Opportunity In Judges Scientific plc (LON:JDG)?
Sep 28At UK£62.60, Is It Time To Put Judges Scientific plc (LON:JDG) On Your Watch List?
Jun 11What To Know Before Buying Judges Scientific plc (LON:JDG) For Its Dividend
Apr 16These 4 Measures Indicate That Judges Scientific (LON:JDG) Is Using Debt Reasonably Well
Apr 04What Is Judges Scientific plc's (LON:JDG) Share Price Doing?
Mar 08Is Judges Scientific plc's (LON:JDG) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 19
Shareholders of Judges Scientific (LON:JDG) Must Be Delighted With Their 354% Total Return
Feb 04Read This Before Buying Judges Scientific plc (LON:JDG) Shares
Jan 19Financial Position Analysis
Short Term Liabilities: JDG's short term assets (£62.3M) exceed its short term liabilities (£31.6M).
Long Term Liabilities: JDG's short term assets (£62.3M) do not cover its long term liabilities (£64.6M).
Debt to Equity History and Analysis
Debt Level: JDG's net debt to equity ratio (55.4%) is considered high.
Reducing Debt: JDG's debt to equity ratio has increased from 37% to 63.3% over the past 5 years.
Debt Coverage: JDG's debt is well covered by operating cash flow (38.5%).
Interest Coverage: JDG's interest payments on its debt are well covered by EBIT (15.6x coverage).