Equals Group Balance Sheet Health
Financial Health criteria checks 6/6
Equals Group has a total shareholder equity of £57.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £87.8M and £30.1M respectively. Equals Group's EBIT is £9.9M making its interest coverage ratio 59.3. It has cash and short-term investments of £18.7M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 59.3x |
| Cash | UK£18.66m |
| Equity | UK£57.74m |
| Total liabilities | UK£30.07m |
| Total assets | UK£87.81m |
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 (£37.2M) exceed its short term liabilities (£27.3M).
Long Term Liabilities: EQLS's short term assets (£37.2M) exceed its long term liabilities (£2.7M).
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.