Nichols Balance Sheet Health
Financial Health criteria checks 6/6
Nichols has a total shareholder equity of £97.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £131.0M and £33.6M respectively. Nichols's EBIT is £22.3M making its interest coverage ratio -11.3. It has cash and short-term investments of £67.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -11.3x |
| Cash | UK£67.03m |
| Equity | UK£97.34m |
| Total liabilities | UK£33.62m |
| Total assets | UK£130.96m |
Recent financial health updates
No updates
Recent updates
Nichols (LON:NICL) Will Pay A Larger Dividend Than Last Year At £0.156
Mar 09
The Returns At Nichols (LON:NICL) Aren't Growing
Oct 07Nichols (LON:NICL) Is Increasing Its Dividend To £0.124
Jul 30Is Nichols plc (LON:NICL) Trading At A 27% Discount?
May 20Nichols' (LON:NICL) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 05Be Wary Of Nichols (LON:NICL) And Its Returns On Capital
Dec 06Be Wary Of Nichols (LON:NICL) And Its Returns On Capital
Apr 09Dividend Investors: Don't Be Too Quick To Buy Nichols plc (LON:NICL) For Its Upcoming Dividend
Mar 20Could The Nichols plc (LON:NICL) Ownership Structure Tell Us Something Useful?
Mar 09Does Nichols' (LON:NICL) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 19Financial Position Analysis
Short Term Liabilities: NICL's short term assets (£117.2M) exceed its short term liabilities (£31.0M).
Long Term Liabilities: NICL's short term assets (£117.2M) exceed its long term liabilities (£2.6M).
Debt to Equity History and Analysis
Debt Level: NICL is debt free.
Reducing Debt: NICL has not had any debt for past 5 years.
Debt Coverage: NICL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NICL has no debt, therefore coverage of interest payments is not a concern.