1Spatial Balance Sheet Health
Financial Health criteria checks 5/6
1Spatial has a total shareholder equity of £18.3M and total debt of £3.2M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are £38.6M and £20.2M respectively. 1Spatial's EBIT is £1.4M making its interest coverage ratio 4. It has cash and short-term investments of £4.3M.
Key information
17.4%
Debt to equity ratio
UK£3.18m
Debt
| Interest coverage ratio | 4x |
| Cash | UK£4.26m |
| Equity | UK£18.31m |
| Total liabilities | UK£20.25m |
| Total assets | UK£38.55m |
Recent financial health updates
Health Check: How Prudently Does 1Spatial (LON:SPA) Use Debt?
Dec 06
Health Check: How Prudently Does 1Spatial (LON:SPA) Use Debt?
Jan 25Recent updates
1Spatial (LON:SPA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 021Spatial Plc (LON:SPA) Not Flying Under The Radar
Feb 23Are Investors Undervaluing 1Spatial Plc (LON:SPA) By 26%?
Jun 01Health Check: How Prudently Does 1Spatial (LON:SPA) Use Debt?
Dec 06Is There An Opportunity With 1Spatial Plc's (LON:SPA) 27% Undervaluation?
Oct 191Spatial Plc's (LON:SPA) CEO Compensation Looks Acceptable To Us And Here's Why
Jun 17A Look At The Fair Value Of 1Spatial Plc (LON:SPA)
May 10If You Had Bought 1Spatial (LON:SPA) Stock A Year Ago, You Could Pocket A 37% Gain Today
Mar 02Health Check: How Prudently Does 1Spatial (LON:SPA) Use Debt?
Jan 25Need To Know: 1Spatial Plc (LON:SPA) Insiders Have Been Buying Shares
Dec 30
Estimating The Fair Value Of 1Spatial Plc (LON:SPA)
Dec 04Financial Position Analysis
Short Term Liabilities: SPA's short term assets (£17.0M) exceed its short term liabilities (£15.3M).
Long Term Liabilities: SPA's short term assets (£17.0M) exceed its long term liabilities (£4.9M).
Debt to Equity History and Analysis
Debt Level: SPA has more cash than its total debt.
Reducing Debt: SPA's debt to equity ratio has increased from 0% to 17.4% over the past 5 years.
Debt Coverage: SPA's debt is well covered by operating cash flow (137.8%).
Interest Coverage: SPA's interest payments on its debt are well covered by EBIT (4x coverage).