Quilter Balance Sheet Health
Financial Health criteria checks 5/6
Quilter has a total shareholder equity of £1.5B and total debt of £277.0M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are £58.1B and £56.6B respectively. Quilter's EBIT is £183.0M making its interest coverage ratio 8.7. It has cash and short-term investments of £1.5B.
Key information
18.7%
Debt to equity ratio
UK£277.00m
Debt
| Interest coverage ratio | 8.7x |
| Cash | UK£1.53b |
| Equity | UK£1.48b |
| Total liabilities | UK£56.60b |
| Total assets | UK£58.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QLT's short term assets (£57.5B) exceed its short term liabilities (£48.8B).
Long Term Liabilities: QLT's short term assets (£57.5B) exceed its long term liabilities (£7.8B).
Debt to Equity History and Analysis
Debt Level: QLT has more cash than its total debt.
Reducing Debt: QLT's debt to equity ratio has increased from 10.2% to 18.7% over the past 5 years.
Debt Coverage: QLT's debt is well covered by operating cash flow (1132.1%).
Interest Coverage: QLT's interest payments on its debt are well covered by EBIT (8.7x coverage).