CPPGroup Balance Sheet Health
Financial Health criteria checks 6/6
CPPGroup has a total shareholder equity of £9.3M and total debt of £-125.0K, which brings its debt-to-equity ratio to -1.4%. Its total assets and total liabilities are £51.4M and £42.2M respectively. CPPGroup's EBIT is £5.2M making its interest coverage ratio 10.1. It has cash and short-term investments of £16.0M.
Key information
-1.4%
Debt to equity ratio
-UK£125.00k
Debt
Interest coverage ratio | 10.1x |
Cash | UK£15.96m |
Equity | UK£9.26m |
Total liabilities | UK£42.18m |
Total assets | UK£51.44m |
Recent financial health updates
Recent updates
Shareholders Would Enjoy A Repeat Of CPPGroup's (LON:CPP) Recent Growth In Returns
Nov 25Capital Investments At CPPGroup (LON:CPP) Point To A Promising Future
Aug 03At UK£1.19, Is It Time To Put CPPGroup Plc (LON:CPP) On Your Watch List?
Nov 17What Does CPPGroup Plc's (LON:CPP) Share Price Indicate?
Jun 02Calculating The Intrinsic Value Of CPPGroup Plc (LON:CPP)
Mar 06Returns On Capital Signal Tricky Times Ahead For CPPGroup (LON:CPP)
Apr 29We Think CPPGroup (LON:CPP) Can Easily Afford To Drive Business Growth
Mar 22Is CPPGroup Plc (LON:CPP) Potentially Undervalued?
Feb 24What Type Of Returns Would CPPGroup's(LON:CPP) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 19CPPGroup Plc's (LON:CPP) Intrinsic Value Is Potentially 65% Above Its Share Price
Dec 15Financial Position Analysis
Short Term Liabilities: CPP's short term assets (£37.7M) exceed its short term liabilities (£34.9M).
Long Term Liabilities: CPP's short term assets (£37.7M) exceed its long term liabilities (£7.3M).
Debt to Equity History and Analysis
Debt Level: CPP is debt free.
Reducing Debt: CPP currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CPP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CPP has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 37.3% each year.