Softcat Balance Sheet Health
Financial Health criteria checks 6/6
Softcat has a total shareholder equity of £298.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £780.7M and £482.7M respectively. Softcat's EBIT is £154.1M making its interest coverage ratio -28.9. It has cash and short-term investments of £158.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -28.9x |
| Cash | UK£158.45m |
| Equity | UK£298.04m |
| Total liabilities | UK£482.71m |
| Total assets | UK£780.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCTL's short term assets (£746.7M) exceed its short term liabilities (£465.5M).
Long Term Liabilities: SCTL's short term assets (£746.7M) exceed its long term liabilities (£17.3M).
Debt to Equity History and Analysis
Debt Level: SCTL is debt free.
Reducing Debt: SCTL has not had any debt for past 5 years.
Debt Coverage: SCTL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SCTL has no debt, therefore coverage of interest payments is not a concern.