Animalcare Group Balance Sheet Health
Financial Health criteria checks 6/6
Animalcare Group has a total shareholder equity of £97.4M and total debt of £1.9M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are £123.4M and £26.0M respectively. Animalcare Group's EBIT is £5.6M making its interest coverage ratio 9.9. It has cash and short-term investments of £34.8M.
Key information
2.0%
Debt to equity ratio
UK£1.90m
Debt
| Interest coverage ratio | 9.9x |
| Cash | UK£34.82m |
| Equity | UK£97.39m |
| Total liabilities | UK£26.01m |
| Total assets | UK£123.40m |
Recent financial health updates
Animalcare Group (LON:ANCR) Has A Pretty Healthy Balance Sheet
Apr 19
Is Animalcare Group (LON:ANCR) Using Too Much Debt?
Dec 02
Recent updates
Animalcare Group's (LON:ANCR) Dividend Will Be Increased To £0.03
Jun 16Animalcare Group (LON:ANCR) Is Paying Out A Larger Dividend Than Last Year
May 29Animalcare Group (LON:ANCR) Is Increasing Its Dividend To £0.03
Apr 23Further Upside For Animalcare Group plc (LON:ANCR) Shares Could Introduce Price Risks After 26% Bounce
Feb 29Even With A 26% Surge, Cautious Investors Are Not Rewarding Animalcare Group plc's (LON:ANCR) Performance Completely
Feb 29Animalcare Group (LON:ANCR) Is Due To Pay A Dividend Of £0.02
Oct 13Estimating The Intrinsic Value Of Animalcare Group plc (LON:ANCR)
Jan 14Animalcare Group (LON:ANCR) Has Announced A Dividend Of £0.02
Oct 18Animalcare Group (LON:ANCR) Has Affirmed Its Dividend Of £0.02
Sep 30Estimating The Intrinsic Value Of Animalcare Group plc (LON:ANCR)
Sep 28Is There An Opportunity With Animalcare Group plc's (LON:ANCR) 20% Undervaluation?
Jun 21Animalcare Group's (LON:ANCR) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Animalcare Group (LON:ANCR) Will Pay A Larger Dividend Than Last Year At UK£0.024
Apr 28Animalcare Group's (LON:ANCR) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 01Animalcare Group (LON:ANCR) Is Due To Pay A Dividend Of UK£0.02
Oct 01Animalcare Group plc (LON:ANCR) Shares Could Be 33% Below Their Intrinsic Value Estimate
Sep 08We Like These Underlying Return On Capital Trends At Animalcare Group (LON:ANCR)
Jul 10Is Animalcare Group plc (LON:ANCR) A Risky Dividend Stock?
May 10Animalcare Group (LON:ANCR) Has A Pretty Healthy Balance Sheet
Apr 19Animalcare Group (LON:ANCR) Is Reinvesting At Lower Rates Of Return
Mar 29An Intrinsic Calculation For Animalcare Group plc (LON:ANCR) Suggests It's 43% Undervalued
Mar 07If You Had Bought Animalcare Group's (LON:ANCR) Shares Three Years Ago You Would Be Down 27%
Feb 14Are Poor Financial Prospects Dragging Down Animalcare Group plc (LON:ANCR Stock?
Jan 19Will Animalcare Group (LON:ANCR) Multiply In Value Going Forward?
Dec 23Is Animalcare Group (LON:ANCR) Using Too Much Debt?
Dec 02Financial Position Analysis
Short Term Liabilities: ANCR's short term assets (£61.5M) exceed its short term liabilities (£18.8M).
Long Term Liabilities: ANCR's short term assets (£61.5M) exceed its long term liabilities (£7.2M).
Debt to Equity History and Analysis
Debt Level: ANCR has more cash than its total debt.
Reducing Debt: ANCR's debt to equity ratio has reduced from 29.2% to 2% over the past 5 years.
Debt Coverage: ANCR's debt is well covered by operating cash flow (682.6%).
Interest Coverage: ANCR's interest payments on its debt are well covered by EBIT (9.9x coverage).