Chapel Down Group Balance Sheet Health
Financial Health criteria checks 5/6
Chapel Down Group has a total shareholder equity of £34.3M and total debt of £2.2M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are £51.1M and £16.8M respectively. Chapel Down Group's EBIT is £3.7M making its interest coverage ratio 25.3. It has cash and short-term investments of £1.0M.
Key information
6.5%
Debt to equity ratio
UK£2.24m
Debt
Interest coverage ratio | 25.3x |
Cash | UK£1.00m |
Equity | UK£34.33m |
Total liabilities | UK£16.79m |
Total assets | UK£51.12m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CDGP's short term assets (£27.2M) exceed its short term liabilities (£8.4M).
Long Term Liabilities: CDGP's short term assets (£27.2M) exceed its long term liabilities (£8.4M).
Debt to Equity History and Analysis
Debt Level: CDGP's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: CDGP's debt to equity ratio has reduced from 10.2% to 6.5% over the past 5 years.
Debt Coverage: CDGP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CDGP's interest payments on its debt are well covered by EBIT (25.3x coverage).