Computacenter Balance Sheet Health
Financial Health criteria checks 6/6
Computacenter has a total shareholder equity of £996.8M and total debt of £9.5M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are £3.0B and £2.0B respectively. Computacenter's EBIT is £223.6M making its interest coverage ratio -29.4. It has cash and short-term investments of £411.4M.
Key information
1.0%
Debt to equity ratio
UK£9.50m
Debt
| Interest coverage ratio | -29.4x |
| Cash | UK£411.40m |
| Equity | UK£996.80m |
| Total liabilities | UK£1.98b |
| Total assets | UK£2.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCCL's short term assets (£2.4B) exceed its short term liabilities (£1.9B).
Long Term Liabilities: CCCL's short term assets (£2.4B) exceed its long term liabilities (£129.5M).
Debt to Equity History and Analysis
Debt Level: CCCL has more cash than its total debt.
Reducing Debt: CCCL's debt to equity ratio has reduced from 26.4% to 1% over the past 5 years.
Debt Coverage: CCCL's debt is well covered by operating cash flow (3110.5%).
Interest Coverage: CCCL earns more interest than it pays, so coverage of interest payments is not a concern.