4GLOBAL Balance Sheet Health
Financial Health criteria checks 4/6
4GLOBAL has a total shareholder equity of £3.6M and total debt of £133.3K, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are £5.2M and £1.6M respectively. 4GLOBAL's EBIT is £701.5K making its interest coverage ratio 28.1. It has cash and short-term investments of £265.4K.
Key information
3.7%
Debt to equity ratio
UK£133.33k
Debt
Interest coverage ratio | 28.1x |
Cash | UK£265.35k |
Equity | UK£3.61m |
Total liabilities | UK£1.57m |
Total assets | UK£5.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4GBL's short term assets (£3.9M) exceed its short term liabilities (£1.5M).
Long Term Liabilities: 4GBL's short term assets (£3.9M) exceed its long term liabilities (£83.3K).
Debt to Equity History and Analysis
Debt Level: 4GBL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4GBL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4GBL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4GBL's interest payments on its debt are well covered by EBIT (28.1x coverage).