ProCook Group Balance Sheet Health
Financial Health criteria checks 3/6
ProCook Group has a total shareholder equity of £8.4M and total debt of £2.8M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are £45.1M and £36.7M respectively. ProCook Group's EBIT is £2.4M making its interest coverage ratio 1.8. It has cash and short-term investments of £2.0M.
Key information
32.7%
Debt to equity ratio
UK£2.75m
Debt
| Interest coverage ratio | 1.8x |
| Cash | UK£2.01m |
| Equity | UK£8.43m |
| Total liabilities | UK£36.69m |
| Total assets | UK£45.12m |
Recent financial health updates
Recent updates
ProCook Group (LON:PROC) Has A Pretty Healthy Balance Sheet
Jun 30
ProCook Group plc's (LON:PROC) Shares Not Telling The Full Story
Jun 08A 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 (£15.6M) do not cover its short term liabilities (£16.8M).
Long Term Liabilities: PROC's short term assets (£15.6M) do not cover its long term liabilities (£19.9M).
Debt to Equity History and Analysis
Debt Level: PROC's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: PROC's debt to equity ratio has reduced from 114.5% to 32.7% over the past 5 years.
Debt Coverage: PROC's debt is well covered by operating cash flow (312.1%).
Interest Coverage: PROC's interest payments on its debt are not well covered by EBIT (1.8x coverage).