Judges Scientific Balance Sheet Health
Financial Health criteria checks 3/6
Judges Scientific has a total shareholder equity of £82.6M and total debt of £58.4M, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are £183.5M and £100.9M respectively. Judges Scientific's EBIT is £21.9M making its interest coverage ratio 5.1. It has cash and short-term investments of £14.8M.
Key information
70.7%
Debt to equity ratio
UK£58.40m
Debt
Interest coverage ratio | 5.1x |
Cash | UK£14.80m |
Equity | UK£82.60m |
Total liabilities | UK£100.90m |
Total assets | UK£183.50m |
Recent financial health updates
Does Judges Scientific (LON:JDG) Have A Healthy Balance Sheet?
Jun 06Judges 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
Judges 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 19Shareholders 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 19The Trend Of High Returns At Judges Scientific (LON:JDG) Has Us Very Interested
Jan 05Do Institutions Own Judges Scientific plc (LON:JDG) Shares?
Dec 21How Much is Judges Scientific's (LON:JDG) CEO Getting Paid?
Dec 08Is It Time To Consider Buying Judges Scientific plc (LON:JDG)?
Nov 26Financial Position Analysis
Short Term Liabilities: JDG's short term assets (£65.3M) exceed its short term liabilities (£35.0M).
Long Term Liabilities: JDG's short term assets (£65.3M) do not cover its long term liabilities (£65.9M).
Debt to Equity History and Analysis
Debt Level: JDG's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: JDG's debt to equity ratio has increased from 48.2% to 70.7% over the past 5 years.
Debt Coverage: JDG's debt is well covered by operating cash flow (45.4%).
Interest Coverage: JDG's interest payments on its debt are well covered by EBIT (5.1x coverage).