Gateley (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Gateley (Holdings) has a total shareholder equity of £83.3M and total debt of £13.9M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are £155.0M and £71.7M respectively. Gateley (Holdings)'s EBIT is £23.5M making its interest coverage ratio -11.6. It has cash and short-term investments of £11.6M.
Key information
16.6%
Debt to equity ratio
UK£13.86m
Debt
| Interest coverage ratio | -11.6x |
| Cash | UK£11.65m |
| Equity | UK£83.33m |
| Total liabilities | UK£71.66m |
| Total assets | UK£154.99m |
Recent financial health updates
Recent updates
There May Be Reason For Hope In Gateley (Holdings)'s (LON:GTLY) Disappointing Earnings
Jan 24
Gateley (Holdings)'s (LON:GTLY) Dividend Will Be £0.033
Jan 20Is Now The Time To Look At Buying Gateley (Holdings) Plc (LON:GTLY)?
Nov 10Gateley (Holdings) (LON:GTLY) Has Announced That It Will Be Increasing Its Dividend To £0.033
Jan 21Estimating The Intrinsic Value Of Gateley (Holdings) Plc (LON:GTLY)
Mar 24Is Gateley (Holdings) Plc (LON:GTLY) Potentially Undervalued?
Mar 09Do Its Financials Have Any Role To Play In Driving Gateley (Holdings) Plc's (LON:GTLY) Stock Up Recently?
Feb 22We Think Gateley (Holdings)'s (LON:GTLY) Statutory Profit Might Understate Its Earnings Potential
Feb 07
Gateley (Holdings) (LON:GTLY) Has A Pretty Healthy Balance Sheet
Jan 26Shareholders Of Gateley (Holdings) (LON:GTLY) Must Be Happy With Their 86% Return
Jan 14What You Need To Know About Gateley (Holdings) Plc's (LON:GTLY) Investor Composition
Jan 01Are Investors Undervaluing Gateley (Holdings) Plc (LON:GTLY) By 49%?
Dec 19Is There Now An Opportunity In Gateley (Holdings) Plc (LON:GTLY)?
Dec 06Has Gateley (Holdings) Plc's (LON:GTLY) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Nov 23Financial Position Analysis
Short Term Liabilities: GTLY's short term assets (£111.4M) exceed its short term liabilities (£26.2M).
Long Term Liabilities: GTLY's short term assets (£111.4M) exceed its long term liabilities (£45.4M).
Debt to Equity History and Analysis
Debt Level: GTLY's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: GTLY's debt to equity ratio has reduced from 35.3% to 16.6% over the past 5 years.
Debt Coverage: GTLY's debt is well covered by operating cash flow (67.8%).
Interest Coverage: GTLY earns more interest than it pays, so coverage of interest payments is not a concern.