Hostmore Balance Sheet Health
Financial Health criteria checks 0/6
Hostmore has a total shareholder equity of £16.1M and total debt of £40.4M, which brings its debt-to-equity ratio to 250.9%. Its total assets and total liabilities are £228.2M and £212.1M respectively. Hostmore's EBIT is £536.0K making its interest coverage ratio 0. It has cash and short-term investments of £9.8M.
Key information
250.9%
Debt to equity ratio
UK£40.41m
Debt
| Interest coverage ratio | 0.04x |
| Cash | UK£9.83m |
| Equity | UK£16.10m |
| Total liabilities | UK£212.07m |
| Total assets | UK£228.17m |
Recent financial health updates
Recent updates
The Market Doesn't Like What It Sees From Hostmore plc's (LON:MORE) Revenues Yet As Shares Tumble 26%
Feb 08
Hostmore (LON:MORE) Will Be Looking To Turn Around Its Returns
Jan 18Revenues Working Against Hostmore plc's (LON:MORE) Share Price
Oct 01Hostmore (LON:MORE) Shareholders Will Want The ROCE Trajectory To Continue
Jan 11Is There An Opportunity With Hostmore plc's (LON:MORE) 41% Undervaluation?
May 21Financial Position Analysis
Short Term Liabilities: MORE's short term assets (£14.7M) do not cover its short term liabilities (£56.8M).
Long Term Liabilities: MORE's short term assets (£14.7M) do not cover its long term liabilities (£155.2M).
Debt to Equity History and Analysis
Debt Level: MORE's net debt to equity ratio (189.9%) is considered high.
Reducing Debt: Insufficient data to determine if MORE's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MORE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MORE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.