Auction Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Auction Technology Group has a total shareholder equity of £530.0M and total debt of £121.8M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are £726.0M and £196.1M respectively. Auction Technology Group's EBIT is £25.3M making its interest coverage ratio 2.3. It has cash and short-term investments of £8.5M.
Key information
23.0%
Debt to equity ratio
UK£121.83m
Debt
| Interest coverage ratio | 2.3x |
| Cash | UK£8.54m |
| Equity | UK£529.96m |
| Total liabilities | UK£196.08m |
| Total assets | UK£726.04m |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Auction Technology Group (LON:ATG) Paint A Concerning Picture
Apr 18
An Intrinsic Calculation For Auction Technology Group plc (LON:ATG) Suggests It's 39% Undervalued
Feb 18Some Confidence Is Lacking In Auction Technology Group plc's (LON:ATG) P/S
Jan 31Auction Technology Group (LON:ATG) Might Be Having Difficulty Using Its Capital Effectively
Jan 05Impressive Earnings May Not Tell The Whole Story For Auction Technology Group (LON:ATG)
Dec 07Returns On Capital At Auction Technology Group (LON:ATG) Have Stalled
Sep 19Is Auction Technology Group plc (LON:ATG) Trading At A 30% Discount?
Aug 15At UK£7.48, Is Auction Technology Group plc (LON:ATG) Worth Looking At Closely?
Jul 02Auction Technology Group plc (LON:ATG) Not Flying Under The Radar
Jun 17We Like These Underlying Return On Capital Trends At Auction Technology Group (LON:ATG)
Apr 08Is Auction Technology Group plc (LON:ATG) Trading At A 29% Discount?
Mar 15Auction Technology Group (LON:ATG) Is Looking To Continue Growing Its Returns On Capital
Nov 14A Look At The Fair Value Of Auction Technology Group plc (LON:ATG)
Aug 30We Like These Underlying Return On Capital Trends At Auction Technology Group (LON:ATG)
Aug 09A Look At The Intrinsic Value Of Auction Technology Group plc (LON:ATG)
Mar 19Upgrade: Analysts Just Made A Substantial Increase To Their Auction Technology Group plc (LON:ATG) Forecasts
Dec 02Financial Position Analysis
Short Term Liabilities: ATG's short term assets (£26.5M) do not cover its short term liabilities (£43.0M).
Long Term Liabilities: ATG's short term assets (£26.5M) do not cover its long term liabilities (£153.1M).
Debt to Equity History and Analysis
Debt Level: ATG's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: ATG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ATG's debt is well covered by operating cash flow (40.7%).
Interest Coverage: ATG's interest payments on its debt are not well covered by EBIT (2.3x coverage).