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Morses Club Balance Sheet Health
Financial Health criteria checks 4/6
Key information
87.1%
Debt to equity ratio
UK£13.71m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£7.94m |
| Equity | UK£15.74m |
| Total liabilities | UK£63.10m |
| Total assets | UK£78.85m |
Recent financial health updates
Recent updates
Morses Club (LON:MCL) Has Announced A Dividend Of UK£0.01
Jan 07
Morses Club (LON:MCL) Will Pay A Dividend Of UK£0.01
Oct 17We Think Morses Club PLC's (LON:MCL) CEO Compensation Package Needs To Be Put Under A Microscope
Jun 15Consider This Before Buying Morses Club PLC (LON:MCL) For The 3.9% Dividend
Apr 12It Might Not Be A Great Idea To Buy Morses Club PLC (LON:MCL) For Its Next Dividend
Mar 07How Much Does Morses Club's (LON:MCL) CEO Make?
Mar 01Financial Position Analysis
Short Term Liabilities: MCL's short term assets (£55.9M) exceed its short term liabilities (£27.3M).
Long Term Liabilities: MCL's short term assets (£55.9M) exceed its long term liabilities (£35.8M).
Debt to Equity History and Analysis
Debt Level: MCL's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: MCL's debt to equity ratio has increased from 26.9% to 87.1% over the past 5 years.
Debt Coverage: MCL's debt is well covered by operating cash flow (89.4%).
Interest Coverage: Insufficient data to determine if MCL's interest payments on its debt are well covered by EBIT.