PayPoint Balance Sheet Health
Financial Health criteria checks 3/6
PayPoint has a total shareholder equity of £104.2M and total debt of £107.2M, which brings its debt-to-equity ratio to 102.9%. Its total assets and total liabilities are £587.7M and £483.5M respectively. PayPoint's EBIT is £56.6M making its interest coverage ratio -25.3. It has cash and short-term investments of £20.4M.
Key information
102.9%
Debt to equity ratio
UK£107.22m
Debt
| Interest coverage ratio | -25.3x |
| Cash | UK£20.43m |
| Equity | UK£104.22m |
| Total liabilities | UK£483.46m |
| Total assets | UK£587.69m |
Recent financial health updates
These 4 Measures Indicate That PayPoint (LON:PAY) Is Using Debt Safely
Mar 23
These 4 Measures Indicate That PayPoint (LON:PAY) Is Using Debt Safely
Dec 14
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For PayPoint plc's (LON:PAY) CEO For Now
Jul 25PayPoint plc (LON:PAY) Might Not Be As Mispriced As It Looks
Jun 18PayPoint (LON:PAY) Will Pay A Dividend Of £0.095
Jan 18PayPoint (LON:PAY) Has Announced A Dividend Of £0.095
Dec 02PayPoint (LON:PAY) Will Pay A Larger Dividend Than Last Year At £0.092
Feb 02PayPoint's (LON:PAY) Upcoming Dividend Will Be Larger Than Last Year's
Jan 19PayPoint's (LON:PAY) Upcoming Dividend Will Be Larger Than Last Year's
Jan 05PayPoint's (LON:PAY) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 21PayPoint (LON:PAY) Will Pay A Larger Dividend Than Last Year At £0.092
Dec 04PayPoint (LON:PAY) Is Paying Out A Larger Dividend Than Last Year
Jul 14PayPoint's (LON:PAY) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 25PayPoint (LON:PAY) Will Pay A Larger Dividend Than Last Year At UK£0.09
Jun 11PayPoint (LON:PAY) Is Paying Out A Larger Dividend Than Last Year
Jan 20PayPoint (LON:PAY) Is Increasing Its Dividend To UK£0.085
Jan 01PayPoint (LON:PAY) Is Increasing Its Dividend To UK£0.085
Dec 04Are Investors Undervaluing PayPoint plc (LON:PAY) By 32%?
Nov 17PayPoint's (LON:PAY) Dividend Will Be Increased To UK£0.083
Jul 09Should You Think About Buying PayPoint plc (LON:PAY) Now?
Apr 14These 4 Measures Indicate That PayPoint (LON:PAY) Is Using Debt Safely
Mar 23Estimating The Fair Value Of PayPoint plc (LON:PAY)
Mar 05Would Shareholders Who Purchased PayPoint's (LON:PAY) Stock Year Be Happy With The Share price Today?
Feb 15Only Four Days Left To Cash In On PayPoint's (LON:PAY) Dividend
Jan 30Does PayPoint plc (LON:PAY) Have A Place In Your Dividend Portfolio?
Jan 28What Is PayPoint plc's (LON:PAY) Share Price Doing?
Jan 13We Think PayPoint's (LON:PAY) Statutory Profit Might Understate Its Earnings Potential
Dec 29These 4 Measures Indicate That PayPoint (LON:PAY) Is Using Debt Safely
Dec 14Financial Position Analysis
Short Term Liabilities: PAY's short term assets (£349.4M) do not cover its short term liabilities (£357.9M).
Long Term Liabilities: PAY's short term assets (£349.4M) exceed its long term liabilities (£125.6M).
Debt to Equity History and Analysis
Debt Level: PAY's net debt to equity ratio (83.3%) is considered high.
Reducing Debt: PAY's debt to equity ratio has increased from 43.5% to 102.9% over the past 5 years.
Debt Coverage: PAY's debt is well covered by operating cash flow (70.3%).
Interest Coverage: PAY earns more interest than it pays, so coverage of interest payments is not a concern.