Inspired Balance Sheet Health
Financial Health criteria checks 3/6
Inspired has a total shareholder equity of £65.4M and total debt of £64.2M, which brings its debt-to-equity ratio to 98.1%. Its total assets and total liabilities are £154.0M and £88.5M respectively. Inspired's EBIT is £21.7M making its interest coverage ratio 4.1. It has cash and short-term investments of £6.6M.
Key information
98.1%
Debt to equity ratio
UK£64.21m
Debt
| Interest coverage ratio | 4.1x |
| Cash | UK£6.63m |
| Equity | UK£65.44m |
| Total liabilities | UK£88.52m |
| Total assets | UK£153.96m |
Recent financial health updates
These 4 Measures Indicate That Inspired (LON:INSE) Is Using Debt Reasonably Well
Oct 25
Inspired (LON:INSE) Has A Somewhat Strained Balance Sheet
Nov 04Recent updates
These 4 Measures Indicate That Inspired (LON:INSE) Is Using Debt Reasonably Well
Oct 25Inspired (LON:INSE) Has Announced A Dividend Of £0.0145
Sep 15Positive Sentiment Still Eludes Inspired Plc (LON:INSE) Following 27% Share Price Slump
Sep 14Inspired Plc (LON:INSE) Stock Rockets 26% But Many Are Still Ignoring The Company
Apr 25Fewer Investors Than Expected Jumping On Inspired Plc (LON:INSE)
Feb 07Inspired (LON:INSE) Is Increasing Its Dividend To £0.014
Sep 14A Look At The Intrinsic Value Of Inspired Plc (LON:INSE)
May 06Inspired (LON:INSE) Has A Somewhat Strained Balance Sheet
Nov 04An Intrinsic Calculation For Inspired Plc (LON:INSE) Suggests It's 42% Undervalued
Sep 24Shareholders May Be More Conservative With Inspired Energy PLC's (LON:INSE) CEO Compensation For Now
Jun 24Inspired Energy PLC's (LON:INSE) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Feb 15
Inspired Energy (LON:INSE) Share Prices Have Dropped 35% In The Last Three Years
Jan 25Is It Time To Consider Buying Inspired Energy PLC (LON:INSE)?
Dec 29We're Not Counting On Inspired Energy (LON:INSE) To Sustain Its Statutory Profitability
Nov 27Financial Position Analysis
Short Term Liabilities: INSE's short term assets (£46.9M) exceed its short term liabilities (£21.9M).
Long Term Liabilities: INSE's short term assets (£46.9M) do not cover its long term liabilities (£66.6M).
Debt to Equity History and Analysis
Debt Level: INSE's net debt to equity ratio (88%) is considered high.
Reducing Debt: INSE's debt to equity ratio has increased from 57.6% to 98.1% over the past 5 years.
Debt Coverage: INSE's debt is well covered by operating cash flow (29.8%).
Interest Coverage: INSE's interest payments on its debt are well covered by EBIT (4.1x coverage).