Scholium Group Balance Sheet Health
Financial Health criteria checks 4/6
Scholium Group has a total shareholder equity of £10.0M and total debt of £1.0M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are £14.3M and £4.3M respectively. Scholium Group's EBIT is £363.0K making its interest coverage ratio 5.8. It has cash and short-term investments of £245.0K.
Key information
10.4%
Debt to equity ratio
UK£1.03m
Debt
| Interest coverage ratio | 5.8x |
| Cash | UK£245.00k |
| Equity | UK£9.96m |
| Total liabilities | UK£4.33m |
| Total assets | UK£14.29m |
Financial Position Analysis
Short Term Liabilities: SCHO's short term assets (£13.6M) exceed its short term liabilities (£3.5M).
Long Term Liabilities: SCHO's short term assets (£13.6M) exceed its long term liabilities (£821.0K).
Debt to Equity History and Analysis
Debt Level: SCHO's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: SCHO's debt to equity ratio has increased from 0% to 10.4% over the past 5 years.
Debt Coverage: SCHO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SCHO's interest payments on its debt are well covered by EBIT (5.8x coverage).