Gattaca Balance Sheet Health
Financial Health criteria checks 6/6
Gattaca has a total shareholder equity of £28.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £81.2M and £52.9M respectively. Gattaca's EBIT is £2.2M making its interest coverage ratio -3.1. It has cash and short-term investments of £22.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -3.1x |
| Cash | UK£22.82m |
| Equity | UK£28.30m |
| Total liabilities | UK£52.91m |
| Total assets | UK£81.22m |
Recent financial health updates
Health Check: How Prudently Does Gattaca (LON:GATC) Use Debt?
May 24
Is Gattaca (LON:GATC) Using Too Much Debt?
Nov 27
Recent updates
Gattaca's (LON:GATC) Soft Earnings Are Actually Better Than They Appear
Nov 06These Return Metrics Don't Make Gattaca (LON:GATC) Look Too Strong
Oct 25Gattaca's (LON:GATC) Earnings Seem To Be Promising
Apr 25Gattaca (LON:GATC) Is Finding It Tricky To Allocate Its Capital
Feb 15The Returns On Capital At Gattaca (LON:GATC) Don't Inspire Confidence
Oct 06Gattaca (LON:GATC) Could Be At Risk Of Shrinking As A Company
Jun 08Calculating The Intrinsic Value Of Gattaca plc (LON:GATC)
Feb 16Here's What's Concerning About Gattaca's (LON:GATC) Returns On Capital
Aug 05Gattaca (LON:GATC) Will Be Hoping To Turn Its Returns On Capital Around
Apr 07Here's Why I Think Gattaca (LON:GATC) Is An Interesting Stock
Jan 26We Don’t Think Gattaca's (LON:GATC) Earnings Should Make Shareholders Too Comfortable
Nov 11Returns On Capital Signal Difficult Times Ahead For Gattaca (LON:GATC)
Nov 09Health Check: How Prudently Does Gattaca (LON:GATC) Use Debt?
May 24Can Mixed Fundamentals Have A Negative Impact on Gattaca plc (LON:GATC) Current Share Price Momentum?
Mar 04Does Gattaca's (LON:GATC) Returns On Capital Reflect Well On The Business?
Feb 01Is Gattaca (LON:GATC) Using Too Much Debt?
Nov 27Financial Position Analysis
Short Term Liabilities: GATC's short term assets (£76.2M) exceed its short term liabilities (£51.3M).
Long Term Liabilities: GATC's short term assets (£76.2M) exceed its long term liabilities (£1.6M).
Debt to Equity History and Analysis
Debt Level: GATC is debt free.
Reducing Debt: GATC has no debt compared to 5 years ago when its debt to equity ratio was 105%.
Debt Coverage: GATC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GATC has no debt, therefore coverage of interest payments is not a concern.