Goldplat Balance Sheet Health
Financial Health criteria checks 4/6
Goldplat has a total shareholder equity of £18.4M and total debt of £840.0K, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are £48.5M and £30.0M respectively. Goldplat's EBIT is £4.5M making its interest coverage ratio 2.4. It has cash and short-term investments of £1.8M.
Key information
4.6%
Debt to equity ratio
UK£840.00k
Debt
| Interest coverage ratio | 2.4x |
| Cash | UK£1.76m |
| Equity | UK£18.44m |
| Total liabilities | UK£30.02m |
| Total assets | UK£48.46m |
Recent financial health updates
Does Goldplat (LON:GDP) Have A Healthy Balance Sheet?
Jun 21
Does Goldplat (LON:GDP) Have A Healthy Balance Sheet?
Jun 11We Think Goldplat (LON:GDP) Can Stay On Top Of Its Debt
Mar 08Recent updates
Market Might Still Lack Some Conviction On Goldplat PLC (LON:GDP) Even After 31% Share Price Boost
Apr 03Goldplat (LON:GDP) Is Very Good At Capital Allocation
Mar 08Why We Like The Returns At Goldplat (LON:GDP)
Nov 15Investors Should Be Encouraged By Goldplat's (LON:GDP) Returns On Capital
Jul 27Does Goldplat (LON:GDP) Have A Healthy Balance Sheet?
Jun 21If EPS Growth Is Important To You, Goldplat (LON:GDP) Presents An Opportunity
Nov 02Why The 27% Return On Capital At Goldplat (LON:GDP) Should Have Your Attention
Aug 18Here's Why Goldplat (LON:GDP) Has Caught The Eye Of Investors
Jul 06Why We Like The Returns At Goldplat (LON:GDP)
Apr 12Investors Shouldn't Overlook Goldplat's (LON:GDP) Impressive Returns On Capital
Dec 22Is Now The Time To Put Goldplat (LON:GDP) On Your Watchlist?
Oct 15Returns on Capital Paint A Bright Future For Goldplat (LON:GDP)
Jul 21Does Goldplat (LON:GDP) Have A Healthy Balance Sheet?
Jun 11Here's Why I Think Goldplat (LON:GDP) Is An Interesting Stock
Apr 30Why The 30% Return On Capital At Goldplat (LON:GDP) Should Have Your Attention
Mar 29We Think Goldplat (LON:GDP) Can Stay On Top Of Its Debt
Mar 08Are Goldplat PLC's (LON:GDP) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Jan 26
Why We Like The Returns At Goldplat (LON:GDP)
Dec 05Financial Position Analysis
Short Term Liabilities: GDP's short term assets (£36.7M) exceed its short term liabilities (£28.7M).
Long Term Liabilities: GDP's short term assets (£36.7M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: GDP has more cash than its total debt.
Reducing Debt: GDP's debt to equity ratio has increased from 4.2% to 4.6% over the past 5 years.
Debt Coverage: GDP's debt is well covered by operating cash flow (393.2%).
Interest Coverage: GDP's interest payments on its debt are not well covered by EBIT (2.4x coverage).