Equals Group Balance Sheet Health
Financial Health criteria checks 6/6
Equals Group has a total shareholder equity of £62.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £90.6M and £28.6M respectively. Equals Group's EBIT is £10.9M making its interest coverage ratio 62.6. It has cash and short-term investments of £20.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 62.6x |
| Cash | UK£20.47m |
| Equity | UK£62.02m |
| Total liabilities | UK£28.58m |
| Total assets | UK£90.61m |
Recent financial health updates
Is Equals Group (LON:EQLS) Using Too Much Debt?
Jun 15
Is Equals Group (LON:EQLS) Using Too Much Debt?
Dec 08Is Equals Group (LON:EQLS) Using Too Much Debt?
May 15Recent updates
Equals Group plc Just Beat EPS By 57%: Here's What Analysts Think Will Happen Next
Mar 31Returns Are Gaining Momentum At Equals Group (LON:EQLS)
Sep 27What Does Equals Group plc's (LON:EQLS) Share Price Indicate?
Sep 09Is Equals Group (LON:EQLS) Using Too Much Debt?
Jun 15Is Equals Group (LON:EQLS) Using Too Much Debt?
Dec 08Is Equals Group (LON:EQLS) Using Too Much Debt?
May 15Financial Position Analysis
Short Term Liabilities: EQLS's short term assets (£41.0M) exceed its short term liabilities (£26.1M).
Long Term Liabilities: EQLS's short term assets (£41.0M) exceed its long term liabilities (£2.5M).
Debt to Equity History and Analysis
Debt Level: EQLS is debt free.
Reducing Debt: EQLS had no debt 5 years ago.
Debt Coverage: EQLS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EQLS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
Equals Group plc is covered by 4 analysts. 1 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 |
|---|---|
| null null | Canaccord Genuity |
| James Fletcher | Cavendish Historical (Cenkos Securities) |
| Gautam Pillai | Peel Hunt LLP |