Diploma Balance Sheet Health
Financial Health criteria checks 3/6
Diploma has a total shareholder equity of £894.7M and total debt of £479.8M, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are £1.8B and £877.4M respectively. Diploma's EBIT is £212.1M making its interest coverage ratio 7.5. It has cash and short-term investments of £55.5M.
Key information
53.6%
Debt to equity ratio
UK£479.80m
Debt
| Interest coverage ratio | 7.5x |
| Cash | UK£55.50m |
| Equity | UK£894.70m |
| Total liabilities | UK£877.40m |
| Total assets | UK£1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DPLML's short term assets (£588.9M) exceed its short term liabilities (£271.2M).
Long Term Liabilities: DPLML's short term assets (£588.9M) do not cover its long term liabilities (£606.2M).
Debt to Equity History and Analysis
Debt Level: DPLML's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: DPLML's debt to equity ratio has increased from 13% to 53.6% over the past 5 years.
Debt Coverage: DPLML's debt is well covered by operating cash flow (41.3%).
Interest Coverage: DPLML's interest payments on its debt are well covered by EBIT (7.5x coverage).