Gear4music (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
Gear4music (Holdings) has a total shareholder equity of £37.3M and total debt of £21.0M, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are £89.6M and £52.3M respectively. Gear4music (Holdings)'s EBIT is £2.7M making its interest coverage ratio 1.6. It has cash and short-term investments of £6.6M.
Key information
56.3%
Debt to equity ratio
UK£21.00m
Debt
| Interest coverage ratio | 1.6x |
| Cash | UK£6.55m |
| Equity | UK£37.29m |
| Total liabilities | UK£52.32m |
| Total assets | UK£89.61m |
Recent financial health updates
Gear4music (Holdings) (LON:G4M) Has No Shortage Of Debt
Sep 01
Is Gear4music (Holdings) (LON:G4M) A Risky Investment?
Feb 16These 4 Measures Indicate That Gear4music (Holdings) (LON:G4M) Is Using Debt Reasonably Well
Jan 14
Recent updates
A Piece Of The Puzzle Missing From Gear4music (Holdings) plc's (LON:G4M) Share Price
Sep 07Returns At Gear4music (Holdings) (LON:G4M) Are On The Way Up
Jun 27Are Investors Undervaluing Gear4music (Holdings) plc (LON:G4M) By 35%?
Apr 25Is There An Opportunity With Gear4music (Holdings) plc's (LON:G4M) 48% Undervaluation?
Nov 24Be Wary Of Gear4music (Holdings) (LON:G4M) And Its Returns On Capital
Oct 25There Are Reasons To Feel Uneasy About Gear4music (Holdings)'s (LON:G4M) Returns On Capital
Jul 04At UK£0.95, Is Gear4music (Holdings) plc (LON:G4M) Worth Looking At Closely?
Apr 14Returns On Capital At Gear4music (Holdings) (LON:G4M) Paint A Concerning Picture
Jan 10At UK£1.07, Is It Time To Put Gear4music (Holdings) plc (LON:G4M) On Your Watch List?
Dec 17Gear4music (Holdings) (LON:G4M) Has No Shortage Of Debt
Sep 01Here's Why I Think Gear4music (Holdings) (LON:G4M) Is An Interesting Stock
May 07Should You Investigate Gear4music (Holdings) plc (LON:G4M) At UK£2.60?
Apr 22Is Gear4music (Holdings) (LON:G4M) A Risky Investment?
Feb 16Robust Earnings May Not Tell The Whole Story For Gear4music (Holdings) (LON:G4M)
Nov 23Do Gear4music (Holdings)'s (LON:G4M) Earnings Warrant Your Attention?
Oct 20Why We Like The Returns At Gear4music (Holdings) (LON:G4M)
Oct 05We Take A Look At Whether Gear4music (Holdings) plc's (LON:G4M) CEO May Be Underpaid
Sep 03Gear4music (Holdings) (LON:G4M) Could Become A Multi-Bagger
May 28What Does Gear4music (Holdings) plc's (LON:G4M) Share Price Indicate?
Apr 19How Much Are Gear4music (Holdings) plc (LON:G4M) Insiders Taking Off The Table?
Mar 04Introducing Gear4music (Holdings) (LON:G4M), The Stock That Soared 459% In The Last Five Years
Feb 19Why Gear4music (Holdings)'s (LON:G4M) CEO Pay Matters
Feb 07Why We Like The Returns At Gear4music (Holdings) (LON:G4M)
Jan 26These 4 Measures Indicate That Gear4music (Holdings) (LON:G4M) Is Using Debt Reasonably Well
Jan 14Gear4music (Holdings) plc's (LON:G4M) Stock Is Going Strong: Is the Market Following Fundamentals?
Jan 02Is There Now An Opportunity In Gear4music (Holdings) plc (LON:G4M)?
Dec 21What Is The Ownership Structure Like For Gear4music (Holdings) plc (LON:G4M)?
Dec 09Have Insiders Sold Gear4music (Holdings) plc (LON:G4M) Shares Recently?
Nov 25Here's Why We Think Gear4music (Holdings) (LON:G4M) Is Well Worth Watching
Nov 19Financial Position Analysis
Short Term Liabilities: G4M's short term assets (£50.2M) exceed its short term liabilities (£22.9M).
Long Term Liabilities: G4M's short term assets (£50.2M) exceed its long term liabilities (£29.4M).
Debt to Equity History and Analysis
Debt Level: G4M's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: G4M's debt to equity ratio has reduced from 63.9% to 56.3% over the past 5 years.
Debt Coverage: G4M's debt is well covered by operating cash flow (49.5%).
Interest Coverage: G4M's interest payments on its debt are not well covered by EBIT (1.6x coverage).