Blancco Technology Group plc

AIM:BLTG Stock Report

Market Cap: UK£173.0m

Blancco Technology Group Balance Sheet Health

Financial Health criteria checks 6/6

Blancco Technology Group has a total shareholder equity of £82.5M and total debt of £500.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are £99.2M and £16.7M respectively. Blancco Technology Group's EBIT is £3.2M making its interest coverage ratio 16.8. It has cash and short-term investments of £8.4M.

Key information

0.6%

Debt to equity ratio

UK£500.00k

Debt

Interest coverage ratio16.8x
CashUK£8.44m
EquityUK£82.46m
Total liabilitiesUK£16.75m
Total assetsUK£99.21m

Recent financial health updates

Recent updates

Blancco Technology Group (LON:BLTG) Is Experiencing Growth In Returns On Capital

Feb 22
Blancco Technology Group (LON:BLTG) Is Experiencing Growth In Returns On Capital

Blancco Technology Group (LON:BLTG) Might Have The Makings Of A Multi-Bagger

Feb 25
Blancco Technology Group (LON:BLTG) Might Have The Makings Of A Multi-Bagger

Here's Why I Think Blancco Technology Group (LON:BLTG) Might Deserve Your Attention Today

Nov 09
Here's Why I Think Blancco Technology Group (LON:BLTG) Might Deserve Your Attention Today

Investors Shouldn't Be Too Comfortable With Blancco Technology Group's (LON:BLTG) Robust Earnings

Oct 06
Investors Shouldn't Be Too Comfortable With Blancco Technology Group's (LON:BLTG) Robust Earnings

Have Insiders Been Selling Blancco Technology Group plc (LON:BLTG) Shares?

Feb 18
Have Insiders Been Selling Blancco Technology Group plc (LON:BLTG) Shares?

Can You Imagine How Jubilant Blancco Technology Group's (LON:BLTG) Shareholders Feel About Its 205% Share Price Gain?

Dec 30
Can You Imagine How Jubilant Blancco Technology Group's (LON:BLTG) Shareholders Feel About Its 205% Share Price Gain?

Financial Position Analysis

Short Term Liabilities: BLTG's short term assets (£20.3M) exceed its short term liabilities (£10.6M).

Long Term Liabilities: BLTG's short term assets (£20.3M) exceed its long term liabilities (£6.2M).


Debt to Equity History and Analysis

Debt Level: BLTG has more cash than its total debt.

Reducing Debt: BLTG's debt to equity ratio has reduced from 18.2% to 0.6% over the past 5 years.

Debt Coverage: BLTG's debt is well covered by operating cash flow (2129.4%).

Interest Coverage: BLTG's interest payments on its debt are well covered by EBIT (16.8x coverage).


Balance Sheet


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