PayPoint Balance Sheet Health
Financial Health criteria checks 4/6
PayPoint has a total shareholder equity of £121.2M and total debt of £93.9M, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are £519.1M and £398.0M respectively. PayPoint's EBIT is £60.6M making its interest coverage ratio 8.6. It has cash and short-term investments of £86.8M.
Key information
77.5%
Debt to equity ratio
UK£93.94m
Debt
Interest coverage ratio | 8.6x |
Cash | UK£86.77m |
Equity | UK£121.16m |
Total liabilities | UK£397.95m |
Total assets | UK£519.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAYL's short term assets (£296.6M) do not cover its short term liabilities (£301.0M).
Long Term Liabilities: PAYL's short term assets (£296.6M) exceed its long term liabilities (£96.9M).
Debt to Equity History and Analysis
Debt Level: PAYL's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: PAYL's debt to equity ratio has increased from 0% to 77.5% over the past 5 years.
Debt Coverage: PAYL's debt is well covered by operating cash flow (57.5%).
Interest Coverage: PAYL's interest payments on its debt are well covered by EBIT (8.6x coverage).