Maintel Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Maintel Holdings has a total shareholder equity of £14.3M and total debt of £21.7M, which brings its debt-to-equity ratio to 151.5%. Its total assets and total liabilities are £83.5M and £69.2M respectively. Maintel Holdings's EBIT is £4.1M making its interest coverage ratio 1.8. It has cash and short-term investments of £6.3M.
Key information
151.5%
Debt to equity ratio
UK£21.71m
Debt
| Interest coverage ratio | 1.8x |
| Cash | UK£6.25m |
| Equity | UK£14.33m |
| Total liabilities | UK£69.16m |
| Total assets | UK£83.49m |
Recent financial health updates
No updates
Recent updates
Maintel Holdings Plc's (LON:MAI) Shares Lagging The Industry But So Is The Business
Aug 24
Market Might Still Lack Some Conviction On Maintel Holdings Plc (LON:MAI) Even After 26% Share Price Boost
Feb 08A Piece Of The Puzzle Missing From Maintel Holdings Plc's (LON:MAI) Share Price
Dec 21The Returns On Capital At Maintel Holdings (LON:MAI) Don't Inspire Confidence
Apr 15The Returns On Capital At Maintel Holdings (LON:MAI) Don't Inspire Confidence
Jan 11Some Investors May Be Worried About Maintel Holdings' (LON:MAI) Returns On Capital
Oct 01Maintel Holdings' (LON:MAI) Returns On Capital Not Reflecting Well On The Business
Jan 25Should You Review Recent Insider Transactions At Maintel Holdings Plc (LON:MAI)?
Mar 15We Think Maintel Holdings's (LON:MAI) Statutory Profit Might Understate Its Earnings Potential
Jan 21Can Maintel Holdings Plc (LON:MAI) Improve Its Returns?
Dec 17Financial Position Analysis
Short Term Liabilities: MAI's short term assets (£32.3M) do not cover its short term liabilities (£48.5M).
Long Term Liabilities: MAI's short term assets (£32.3M) exceed its long term liabilities (£20.6M).
Debt to Equity History and Analysis
Debt Level: MAI's net debt to equity ratio (107.9%) is considered high.
Reducing Debt: MAI's debt to equity ratio has increased from 111.6% to 151.5% over the past 5 years.
Debt Coverage: MAI's debt is well covered by operating cash flow (62.1%).
Interest Coverage: MAI's interest payments on its debt are not well covered by EBIT (1.8x coverage).