Maintel Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Maintel Holdings has a total shareholder equity of £14.2M and total debt of £22.9M, which brings its debt-to-equity ratio to 161.2%. Its total assets and total liabilities are £83.2M and £69.0M respectively. Maintel Holdings's EBIT is £2.4M making its interest coverage ratio 1.1. It has cash and short-term investments of £4.8M.
Key information
161.2%
Debt to equity ratio
UK£22.90m
Debt
Interest coverage ratio | 1.1x |
Cash | UK£4.85m |
Equity | UK£14.21m |
Total liabilities | UK£68.98m |
Total assets | UK£83.19m |
Recent financial health updates
No updates
Recent updates
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 (£31.9M) do not cover its short term liabilities (£47.2M).
Long Term Liabilities: MAI's short term assets (£31.9M) exceed its long term liabilities (£21.8M).
Debt to Equity History and Analysis
Debt Level: MAI's net debt to equity ratio (127.1%) is considered high.
Reducing Debt: MAI's debt to equity ratio has increased from 115% to 161.2% over the past 5 years.
Debt Coverage: MAI's debt is well covered by operating cash flow (21.7%).
Interest Coverage: MAI's interest payments on its debt are not well covered by EBIT (1.1x coverage).