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 ratio0.8x
CashUK£1.45m
EquityUK£7.52m
Total liabilitiesUK£46.50m
Total assetsUK£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 27
A Piece Of The Puzzle Missing From ProCook Group plc's (LON:PROC) 28% Share Price Climb

There Are Reasons To Feel Uneasy About ProCook Group's (LON:PROC) Returns On Capital

Jan 12
There Are Reasons To Feel Uneasy About ProCook Group's (LON:PROC) Returns On Capital

ProCook Group plc's (LON:PROC) Shares Climb 40% But Its Business Is Yet to Catch Up

Nov 21
ProCook Group plc's (LON:PROC) Shares Climb 40% But Its Business Is Yet to Catch Up

Estimating The Fair Value Of ProCook Group plc (LON:PROC)

Aug 23
Estimating The Fair Value Of ProCook Group plc (LON:PROC)

Under The Bonnet, ProCook Group's (LON:PROC) Returns Look Impressive

Apr 05
Under The Bonnet, ProCook Group's (LON:PROC) Returns Look Impressive

Calculating The Intrinsic Value Of ProCook Group plc (LON:PROC)

Feb 05
Calculating The Intrinsic Value Of ProCook Group plc (LON:PROC)

ProCook Group (LON:PROC) Is Investing Its Capital With Increasing Efficiency

Dec 10
ProCook Group (LON:PROC) Is Investing Its Capital With Increasing Efficiency

A Look At The Intrinsic Value Of ProCook Group plc (LON:PROC)

Jun 14
A Look At The Intrinsic Value Of ProCook Group plc (LON:PROC)

Financial 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).


Balance Sheet


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