Microlise Group Balance Sheet Health
Financial Health criteria checks 5/6
Microlise Group has a total shareholder equity of £74.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £133.1M and £58.9M respectively. Microlise Group's EBIT is £1.8M making its interest coverage ratio -15.9. It has cash and short-term investments of £8.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -15.9x |
| Cash | UK£8.95m |
| Equity | UK£74.21m |
| Total liabilities | UK£58.89m |
| Total assets | UK£133.09m |
Recent financial health updates
No updates
Recent updates
Microlise Group (LON:SAAS) Is Looking To Continue Growing Its Returns On Capital
Nov 05
Microlise Group's (LON:SAAS) Solid Earnings Have Been Accounted For Conservatively
May 14Optimistic Investors Push Microlise Group plc (LON:SAAS) Shares Up 25% But Growth Is Lacking
Apr 27Why Investors Shouldn't Be Surprised By Microlise Group plc's (LON:SAAS) 29% Share Price Surge
Feb 01Microlise Group (LON:SAAS) Is Reinvesting At Lower Rates Of Return
Dec 28Sentiment Still Eluding Microlise Group plc (LON:SAAS)
Nov 07Returns On Capital Signal Tricky Times Ahead For Microlise Group (LON:SAAS)
Jun 09Robust Earnings May Not Tell The Whole Story For Microlise Group (LON:SAAS)
May 05Investors Could Be Concerned With Microlise Group's (LON:SAAS) Returns On Capital
Dec 16Microlise Group (LON:SAAS) Is Reinvesting At Lower Rates Of Return
Aug 12Estimating The Fair Value Of Microlise Group plc (LON:SAAS)
Apr 07Financial Position Analysis
Short Term Liabilities: SAAS's short term assets (£32.9M) do not cover its short term liabilities (£36.2M).
Long Term Liabilities: SAAS's short term assets (£32.9M) exceed its long term liabilities (£22.7M).
Debt to Equity History and Analysis
Debt Level: SAAS is debt free.
Reducing Debt: SAAS has no debt compared to 5 years ago when its debt to equity ratio was 31.2%.
Debt Coverage: SAAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SAAS has no debt, therefore coverage of interest payments is not a concern.