CAB Payments Holdings Balance Sheet Health
Financial Health criteria checks 4/6
CAB Payments Holdings has a total shareholder equity of £142.1M and total debt of £174.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are £1.6B and £1.5B respectively. CAB Payments Holdings's EBIT is £3.5M making its interest coverage ratio 0.1. It has cash and short-term investments of £499.7M.
Key information
0.1%
Debt to equity ratio
UK£174.00k
Debt
| Interest coverage ratio | 0.09x |
| Cash | UK£499.73m |
| Equity | UK£142.07m |
| Total liabilities | UK£1.51b |
| Total assets | UK£1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CABPL's short term assets (£858.0M) do not cover its short term liabilities (£1.4B).
Long Term Liabilities: CABPL's short term assets (£858.0M) exceed its long term liabilities (£122.9M).
Debt to Equity History and Analysis
Debt Level: CABPL has more cash than its total debt.
Reducing Debt: CABPL's debt to equity ratio has reduced from 0.3% to 0.1% over the past 5 years.
Debt Coverage: CABPL's debt is well covered by operating cash flow (107256.9%).
Interest Coverage: CABPL's interest payments on its debt are not well covered by EBIT (0.1x coverage).