H C Slingsby Balance Sheet Health
Financial Health criteria checks 5/6
H C Slingsby has a total shareholder equity of £4.4M and total debt of £2.0M, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are £16.2M and £11.8M respectively. H C Slingsby's EBIT is £499.0K making its interest coverage ratio 8.2. It has cash and short-term investments of £2.5M.
Key information
46.0%
Debt to equity ratio
UK£2.03m
Debt
| Interest coverage ratio | 8.2x |
| Cash | UK£2.46m |
| Equity | UK£4.41m |
| Total liabilities | UK£11.77m |
| Total assets | UK£16.19m |
Recent financial health updates
Recent updates
Is H C Slingsby (LON:SLNG) A Risky Investment?
Nov 02
Returns Are Gaining Momentum At H C Slingsby (LON:SLNG)
Sep 02We Like These Underlying Return On Capital Trends At H C Slingsby (LON:SLNG)
Feb 14Investors Will Want H C Slingsby's (LON:SLNG) Growth In ROCE To Persist
May 17Investors Will Want H C Slingsby's (LON:SLNG) Growth In ROCE To Persist
Dec 25H C Slingsby (LON:SLNG) Might Have The Makings Of A Multi-Bagger
Aug 21Benign Growth For H C Slingsby plc (LON:SLNG) Underpins Its Share Price
May 10The Return Trends At H C Slingsby (LON:SLNG) Look Promising
Mar 26Why H C Slingsby's (LON:SLNG) CEO Pay Matters
Dec 11Financial Position Analysis
Short Term Liabilities: SLNG's short term assets (£8.4M) exceed its short term liabilities (£5.5M).
Long Term Liabilities: SLNG's short term assets (£8.4M) exceed its long term liabilities (£6.3M).
Debt to Equity History and Analysis
Debt Level: SLNG has more cash than its total debt.
Reducing Debt: SLNG's debt to equity ratio has reduced from 148.8% to 46% over the past 5 years.
Debt Coverage: SLNG's debt is not well covered by operating cash flow (15%).
Interest Coverage: SLNG's interest payments on its debt are well covered by EBIT (8.2x coverage).