Argentex Group Balance Sheet Health
Financial Health criteria checks 6/6
Argentex Group has a total shareholder equity of £41.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £111.5M and £70.5M respectively. Argentex Group's EBIT is £8.1M making its interest coverage ratio 10.1. It has cash and short-term investments of £33.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 10.1x |
| Cash | UK£33.00m |
| Equity | UK£41.00m |
| Total liabilities | UK£70.50m |
| Total assets | UK£111.50m |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Argentex Group PLC's (LON:AGFX) Earnings Yet As Shares Tumble 37%
May 03
The Market Doesn't Like What It Sees From Argentex Group PLC's (LON:AGFX) Earnings Yet As Shares Tumble 37%
Jan 31With EPS Growth And More, Argentex Group (LON:AGFX) Makes An Interesting Case
Jul 11Earnings Not Telling The Story For Argentex Group PLC (LON:AGFX)
Jun 15Do Argentex Group's (LON:AGFX) Earnings Warrant Your Attention?
Jan 25Do Argentex Group's (LON:AGFX) Earnings Warrant Your Attention?
Oct 04Argentex Group (LON:AGFX) Has Announced A Dividend Of £0.0125
Aug 08Argentex Group (LON:AGFX) Has Affirmed Its Dividend Of £0.0125
Jul 23Argentex Group (LON:AGFX) Is Due To Pay A Dividend Of UK£0.013
Jul 09Argentex Group (LON:AGFX) Will Pay A Dividend Of UK£0.02
Jul 06Argentex Group Plc's (LON:AGFX) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Mar 23What Type Of Returns Would Argentex Group's(LON:AGFX) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 27
Does Argentex Group Plc (LON:AGFX) Have A Place In Your Dividend Portfolio?
Dec 06Financial Position Analysis
Short Term Liabilities: AGFX's short term assets (£83.7M) exceed its short term liabilities (£53.8M).
Long Term Liabilities: AGFX's short term assets (£83.7M) exceed its long term liabilities (£16.7M).
Debt to Equity History and Analysis
Debt Level: AGFX is debt free.
Reducing Debt: AGFX has no debt compared to 5 years ago when its debt to equity ratio was 35.7%.
Debt Coverage: AGFX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AGFX has no debt, therefore coverage of interest payments is not a concern.