Bisichi Balance Sheet Health
Financial Health criteria checks 4/6
Bisichi has a total shareholder equity of £33.6M and total debt of £7.5M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are £59.8M and £26.2M respectively. Bisichi's EBIT is £1.2M making its interest coverage ratio 0.9. It has cash and short-term investments of £4.0M.
Key information
22.3%
Debt to equity ratio
UK£7.48m
Debt
Interest coverage ratio | 0.9x |
Cash | UK£3.98m |
Equity | UK£33.59m |
Total liabilities | UK£26.19m |
Total assets | UK£59.78m |
Recent financial health updates
These 4 Measures Indicate That Bisichi (LON:BISI) Is Using Debt Extensively
Dec 13We Think Bisichi (LON:BISI) Is Taking Some Risk With Its Debt
Aug 25Here's Why Bisichi (LON:BISI) Can Manage Its Debt Responsibly
Nov 05These 4 Measures Indicate That Bisichi (LON:BISI) Is Using Debt Reasonably Well
Jun 08Health Check: How Prudently Does Bisichi (LON:BISI) Use Debt?
Sep 28Is Bisichi (LON:BISI) Using Too Much Debt?
Apr 30Recent updates
Take Care Before Diving Into The Deep End On Bisichi PLC (LON:BISI)
Apr 27Bisichi (LON:BISI) Knows How To Allocate Capital Effectively
Feb 06These 4 Measures Indicate That Bisichi (LON:BISI) Is Using Debt Extensively
Dec 13We Think Bisichi (LON:BISI) Is Taking Some Risk With Its Debt
Aug 25Estimating The Fair Value Of Bisichi PLC (LON:BISI)
Jul 14Here's Why Bisichi (LON:BISI) Can Manage Its Debt Responsibly
Nov 05These 4 Measures Indicate That Bisichi (LON:BISI) Is Using Debt Reasonably Well
Jun 08Health Check: How Prudently Does Bisichi (LON:BISI) Use Debt?
Sep 28Is Bisichi (LON:BISI) Using Too Much Debt?
Apr 30How Is Bisichi's (LON:BISI) CEO Paid Relative To Peers?
Dec 09Financial Position Analysis
Short Term Liabilities: BISI's short term assets (£14.5M) do not cover its short term liabilities (£24.2M).
Long Term Liabilities: BISI's short term assets (£14.5M) exceed its long term liabilities (£1.9M).
Debt to Equity History and Analysis
Debt Level: BISI's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: BISI's debt to equity ratio has reduced from 50.3% to 22.3% over the past 5 years.
Debt Coverage: BISI's debt is well covered by operating cash flow (23.8%).
Interest Coverage: BISI's interest payments on its debt are not well covered by EBIT (0.9x coverage).