Orchard Funding Group Balance Sheet Health
Financial Health criteria checks 2/6
Orchard Funding Group has a total shareholder equity of £17.7M and total debt of £34.7M, which brings its debt-to-equity ratio to 195.5%. Its total assets and total liabilities are £61.9M and £44.1M respectively.
Key information
195.5%
Debt to equity ratio
UK£34.71m
Debt
Interest coverage ratio | n/a |
Cash | UK£2.55m |
Equity | UK£17.75m |
Total liabilities | UK£44.13m |
Total assets | UK£61.88m |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of Orchard Funding Group plc's (LON:ORCH) Tunnel And Push Stock Down 27%
Mar 19Take Care Before Jumping Onto Orchard Funding Group plc (LON:ORCH) Even Though It's 38% Cheaper
Feb 03Orchard Funding Group (LON:ORCH) Has Affirmed Its Dividend Of £0.01
Apr 09Orchard Funding Group (LON:ORCH) Has Announced A Dividend Of UK£0.01
Apr 28Orchard Funding Group (LON:ORCH) Has Affirmed Its Dividend Of UK£0.02
Nov 25Orchard Funding Group (LON:ORCH) Will Pay A Dividend Of UK£0.02
Oct 29Is Orchard Funding Group plc's (LON:ORCH) 5.7% Dividend Sustainable?
May 06Read This Before Buying Orchard Funding Group plc (LON:ORCH) For Its Dividend
Jan 27Here's Why We're Wary Of Buying Orchard Funding Group's (LON:ORCH) For Its Upcoming Dividend
Dec 06Financial Position Analysis
Short Term Liabilities: ORCH's short term assets (£61.8M) exceed its short term liabilities (£35.5M).
Long Term Liabilities: ORCH's short term assets (£61.8M) exceed its long term liabilities (£8.6M).
Debt to Equity History and Analysis
Debt Level: ORCH's net debt to equity ratio (181.2%) is considered high.
Reducing Debt: ORCH's debt to equity ratio has increased from 114.3% to 195.5% over the past 5 years.
Debt Coverage: ORCH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ORCH's interest payments on its debt are well covered by EBIT.