Scholium Group Balance Sheet Health
Financial Health criteria checks 4/6
Scholium Group has a total shareholder equity of £9.7M and total debt of £436.0K, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are £13.3M and £3.6M respectively. Scholium Group's EBIT is £114.0K making its interest coverage ratio 2.1. It has cash and short-term investments of £110.0K.
Key information
4.5%
Debt to equity ratio
UK£436.00k
Debt
Interest coverage ratio | 2.1x |
Cash | UK£110.00k |
Equity | UK£9.67m |
Total liabilities | UK£3.62m |
Total assets | UK£13.29m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SCHO's short term assets (£12.4M) exceed its short term liabilities (£2.8M).
Long Term Liabilities: SCHO's short term assets (£12.4M) exceed its long term liabilities (£793.0K).
Debt to Equity History and Analysis
Debt Level: SCHO's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: SCHO's debt to equity ratio has increased from 2.5% to 4.5% over the past 5 years.
Debt Coverage: SCHO's debt is well covered by operating cash flow (98.4%).
Interest Coverage: SCHO's interest payments on its debt are not well covered by EBIT (2.1x coverage).