Software Circle Balance Sheet Health
Financial Health criteria checks 4/6
Software Circle has a total shareholder equity of £22.9M and total debt of £9.5M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are £39.7M and £16.8M respectively.
Key information
41.3%
Debt to equity ratio
UK£9.45m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£12.68m |
| Equity | UK£22.90m |
| Total liabilities | UK£16.83m |
| Total assets | UK£39.73m |
Recent financial health updates
Is Grafenia (LON:GRA) Using Too Much Debt?
Aug 08
Does Grafenia (LON:GRA) Have A Healthy Balance Sheet?
Dec 20Is Grafenia (LON:GRA) Using Debt In A Risky Way?
Jan 18Recent updates
Software Circle plc (LON:SFT) Looks Just Right With A 26% Price Jump
Oct 15Software Circle plc's (LON:SFT) P/S Still Appears To Be Reasonable
Mar 28Grafenia Plc's (LON:GRA) Shares May Have Run Too Fast Too Soon
Oct 17Is Grafenia (LON:GRA) Using Too Much Debt?
Aug 08Does Grafenia (LON:GRA) Have A Healthy Balance Sheet?
Dec 20Is Grafenia (LON:GRA) Using Debt In A Risky Way?
Jan 18What Can We Learn About Grafenia's (LON:GRA) CEO Compensation?
Nov 27Financial Position Analysis
Short Term Liabilities: SFT's short term assets (£15.3M) exceed its short term liabilities (£12.4M).
Long Term Liabilities: SFT's short term assets (£15.3M) exceed its long term liabilities (£4.5M).
Debt to Equity History and Analysis
Debt Level: SFT has more cash than its total debt.
Reducing Debt: SFT's debt to equity ratio has increased from 0.9% to 41.3% over the past 5 years.
Debt Coverage: SFT's debt is well covered by operating cash flow (30.7%).
Interest Coverage: Insufficient data to determine if SFT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Software Circle plc is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Brewer | Hardman & Co. |
| Jonathan Lienard | Nplus1 Brewin |
| Jonathan Lienard | Singer Capital Markets |