Intercede Group Balance Sheet Health
Financial Health criteria checks 6/6
Intercede Group has a total shareholder equity of £8.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £16.8M and £8.1M respectively. Intercede Group's EBIT is £934.0K making its interest coverage ratio -4.6. It has cash and short-term investments of £9.7M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -4.6x |
| Cash | UK£9.72m |
| Equity | UK£8.67m |
| Total liabilities | UK£8.13m |
| Total assets | UK£16.80m |
Recent financial health updates
No updates
Recent updates
There's Been No Shortage Of Growth Recently For Intercede Group's (LON:IGP) Returns On Capital
Jan 08
Intercede Group plc's (LON:IGP) 25% Price Boost Is Out Of Tune With Earnings
Dec 24Here's Why We Think Intercede Group (LON:IGP) Might Deserve Your Attention Today
Nov 08What Does Intercede Group plc's (LON:IGP) Share Price Indicate?
Oct 04What Does Intercede Group plc's (LON:IGP) Share Price Indicate?
Mar 15Estimating The Fair Value Of Intercede Group plc (LON:IGP)
Jun 09Here's Why We Think Intercede Group (LON:IGP) Is Well Worth Watching
May 12A Look At The Intrinsic Value Of Intercede Group plc (LON:IGP)
Oct 13Here's Why Shareholders May Want To Be Cautious With Increasing Intercede Group plc's (LON:IGP) CEO Pay Packet
Sep 09At UK£1.08, Is Intercede Group plc (LON:IGP) Worth Looking At Closely?
Jun 14Calculating The Intrinsic Value Of Intercede Group plc (LON:IGP)
Mar 13Announcing: Intercede Group (LON:IGP) Stock Increased An Energizing 195% In The Last Three Years
Feb 15Here's Why We Think Intercede Group (LON:IGP) Is Well Worth Watching
Jan 25
How Is Intercede Group's (LON:IGP) CEO Paid Relative To Peers?
Dec 30Financial Position Analysis
Short Term Liabilities: IGP's short term assets (£13.3M) exceed its short term liabilities (£7.1M).
Long Term Liabilities: IGP's short term assets (£13.3M) exceed its long term liabilities (£997.0K).
Debt to Equity History and Analysis
Debt Level: IGP is debt free.
Reducing Debt: IGP currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: IGP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IGP has no debt, therefore coverage of interest payments is not a concern.