Gear4music (Holdings) Financial Health
How is Gear4music (Holdings)'s financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: G4M's short term assets (£53.3M) exceed its short term liabilities (£17.4M).
Long Term Liabilities: G4M's short term assets (£53.3M) exceed its long term liabilities (£38.8M).
Debt to Equity History and Analysis
Debt Level: G4M's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: G4M's debt to equity ratio has increased from 32.8% to 73.6% over the past 5 years.
Debt Coverage: G4M's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: G4M's interest payments on its debt are well covered by EBIT (6.5x coverage).