Ebiquity Balance Sheet Health
Financial Health criteria checks 5/6
Ebiquity has a total shareholder equity of £41.7M and total debt of £21.9M, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are £95.1M and £53.5M respectively. Ebiquity's EBIT is £5.0M making its interest coverage ratio 2.3. It has cash and short-term investments of £10.0M.
Key information
52.5%
Debt to equity ratio
UK£21.88m
Debt
| Interest coverage ratio | 2.3x |
| Cash | UK£10.02m |
| Equity | UK£41.66m |
| Total liabilities | UK£53.47m |
| Total assets | UK£95.13m |
Recent financial health updates
Ebiquity (LON:EBQ) Is Carrying A Fair Bit Of Debt
Oct 01
Ebiquity (LON:EBQ) Is Carrying A Fair Bit Of Debt
Apr 01Recent updates
We Think Some Shareholders May Hesitate To Increase Ebiquity plc's (LON:EBQ) CEO Compensation
Jun 04Earnings Miss: Ebiquity plc Missed EPS And Analysts Are Revising Their Forecasts
May 10Ebiquity (LON:EBQ) Is Carrying A Fair Bit Of Debt
Oct 01Ebiquity (LON:EBQ) Is Carrying A Fair Bit Of Debt
Apr 01Ebiquity plc (LON:EBQ) On The Verge Of Breaking Even
Mar 28Financial Position Analysis
Short Term Liabilities: EBQ's short term assets (£40.7M) exceed its short term liabilities (£24.0M).
Long Term Liabilities: EBQ's short term assets (£40.7M) exceed its long term liabilities (£29.5M).
Debt to Equity History and Analysis
Debt Level: EBQ's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: EBQ's debt to equity ratio has reduced from 76.4% to 52.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EBQ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EBQ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.