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 04Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 21:46 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Judges Scientific plc is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Calum Battersby | Berenberg |
| Eleanor Spencer | Berenberg |
| Scott Cagehin | Investec Bank plc (UK) |