EnSilica Balance Sheet Health
Financial Health criteria checks 4/6
EnSilica has a total shareholder equity of £16.5M and total debt of £3.7M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are £28.1M and £11.6M respectively. EnSilica's EBIT is £727.0K making its interest coverage ratio 0.9. It has cash and short-term investments of £2.1M.
Key information
22.6%
Debt to equity ratio
UK£3.74m
Debt
| Interest coverage ratio | 0.9x |
| Cash | UK£2.09m |
| Equity | UK£16.52m |
| Total liabilities | UK£11.58m |
| Total assets | UK£28.10m |
Financial Position Analysis
Short Term Liabilities: ENSI's short term assets (£9.8M) exceed its short term liabilities (£5.3M).
Long Term Liabilities: ENSI's short term assets (£9.8M) exceed its long term liabilities (£6.3M).
Debt to Equity History and Analysis
Debt Level: ENSI's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ENSI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ENSI's debt is well covered by operating cash flow (186.3%).
Interest Coverage: ENSI's interest payments on its debt are not well covered by EBIT (0.9x coverage).