CAB Payments Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CAB Payments Holdings has a total shareholder equity of £131.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.7B and £1.6B respectively. CAB Payments Holdings's EBIT is £1.2M making its interest coverage ratio 0. It has cash and short-term investments of £1.0B.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 0.04x |
Cash | UK£1.05b |
Equity | UK£131.53m |
Total liabilities | UK£1.60b |
Total assets | UK£1.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CABP's short term assets (£1.3B) do not cover its short term liabilities (£1.6B).
Long Term Liabilities: CABP's short term assets (£1.3B) exceed its long term liabilities (£33.2M).
Debt to Equity History and Analysis
Debt Level: CABP is debt free.
Reducing Debt: CABP has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: CABP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CABP has no debt, therefore coverage of interest payments is not a concern.