Mind Gym Balance Sheet Health

Financial Health criteria checks 6/6

Mind Gym has a total shareholder equity of £11.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £22.4M and £10.5M respectively.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ration/a
CashUK£1.37m
EquityUK£11.89m
Total liabilitiesUK£10.49m
Total assetsUK£22.38m

Recent financial health updates

No updates

Recent updates

Mind Gym plc (LON:MIND) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Aug 06
Mind Gym plc (LON:MIND) May Have Run Too Fast Too Soon With Recent 26% Price Plummet

Is Now The Time To Look At Buying Mind Gym plc (LON:MIND)?

Oct 10
Is Now The Time To Look At Buying Mind Gym plc (LON:MIND)?

Mind Gym (LON:MIND) Is Reinvesting At Lower Rates Of Return

Aug 03
Mind Gym (LON:MIND) Is Reinvesting At Lower Rates Of Return

What Is Mind Gym plc's (LON:MIND) Share Price Doing?

Jan 12
What Is Mind Gym plc's (LON:MIND) Share Price Doing?

Our Take On The Returns On Capital At Mind Gym (LON:MIND)

Mar 18
Our Take On The Returns On Capital At Mind Gym (LON:MIND)

Do Its Financials Have Any Role To Play In Driving Mind Gym plc's (LON:MIND) Stock Up Recently?

Feb 16
Do Its Financials Have Any Role To Play In Driving Mind Gym plc's (LON:MIND) Stock Up Recently?

Read This Before Selling Mind Gym plc (LON:MIND) Shares

Jan 26
Read This Before Selling Mind Gym plc (LON:MIND) Shares

Here's Why We Think Mind Gym's (LON:MIND) Statutory Earnings Might Be Conservative

Jan 05
Here's Why We Think Mind Gym's (LON:MIND) Statutory Earnings Might Be Conservative

We're Watching These Trends At Mind Gym (LON:MIND)

Dec 15
We're Watching These Trends At Mind Gym (LON:MIND)

How Much Did Mind Gym's(LON:MIND) Shareholders Earn From Share Price Movements Over The Last Year?

Nov 20
How Much Did Mind Gym's(LON:MIND) Shareholders Earn From Share Price Movements Over The Last Year?

Financial Position Analysis

Short Term Liabilities: MIND's short term assets (£9.7M) exceed its short term liabilities (£9.5M).

Long Term Liabilities: MIND's short term assets (£9.7M) exceed its long term liabilities (£1.0M).


Debt to Equity History and Analysis

Debt Level: MIND is debt free.

Reducing Debt: MIND had no debt 5 years ago.

Debt Coverage: MIND has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MIND has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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