ProCook Group Balance Sheet Health
Financial Health criteria checks 2/6
ProCook Group has a total shareholder equity of £7.5M and total debt of £4.6M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are £54.0M and £46.5M respectively. ProCook Group's EBIT is £1.1M making its interest coverage ratio 0.8. It has cash and short-term investments of £1.4M.
Key information
61.5%
Debt to equity ratio
UK£4.62m
Debt
Interest coverage ratio | 0.8x |
Cash | UK£1.45m |
Equity | UK£7.52m |
Total liabilities | UK£46.50m |
Total assets | UK£54.02m |
Recent financial health updates
No updates
Recent updates
A Piece Of The Puzzle Missing From ProCook Group plc's (LON:PROC) 28% Share Price Climb
Jan 27There Are Reasons To Feel Uneasy About ProCook Group's (LON:PROC) Returns On Capital
Jan 12ProCook Group plc's (LON:PROC) Shares Climb 40% But Its Business Is Yet to Catch Up
Nov 21Estimating The Fair Value Of ProCook Group plc (LON:PROC)
Aug 23Under The Bonnet, ProCook Group's (LON:PROC) Returns Look Impressive
Apr 05Calculating The Intrinsic Value Of ProCook Group plc (LON:PROC)
Feb 05ProCook Group (LON:PROC) Is Investing Its Capital With Increasing Efficiency
Dec 10A Look At The Intrinsic Value Of ProCook Group plc (LON:PROC)
Jun 14Financial Position Analysis
Short Term Liabilities: PROC's short term assets (£17.7M) do not cover its short term liabilities (£19.3M).
Long Term Liabilities: PROC's short term assets (£17.7M) do not cover its long term liabilities (£27.2M).
Debt to Equity History and Analysis
Debt Level: PROC's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: PROC's debt to equity ratio has reduced from 119% to 61.5% over the past 5 years.
Debt Coverage: PROC's debt is well covered by operating cash flow (182.4%).
Interest Coverage: PROC's interest payments on its debt are not well covered by EBIT (0.8x coverage).