Bytes Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Bytes Technology Group has a total shareholder equity of £60.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £303.3M and £243.3M respectively. Bytes Technology Group's EBIT is £54.2M making its interest coverage ratio -22.8. It has cash and short-term investments of £51.7M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -22.8x |
| Cash | UK£51.66m |
| Equity | UK£59.99m |
| Total liabilities | UK£243.34m |
| Total assets | UK£303.33m |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Bytes Technology Group (LON:BYIT) Might Deserve Your Attention Today
Apr 18
There's Reason For Concern Over Bytes Technology Group plc's (LON:BYIT) Price
Mar 27Calculating The Fair Value Of Bytes Technology Group plc (LON:BYIT)
Jan 23Bytes Technology Group plc's (LON:BYIT) Share Price Could Signal Some Risk
Dec 18We Like The Quality Of Bytes Technology Group's (LON:BYIT) Earnings
Nov 02Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.027
Oct 28Here's Why We Think Bytes Technology Group (LON:BYIT) Is Well Worth Watching
Oct 13A Look At The Intrinsic Value Of Bytes Technology Group plc (LON:BYIT)
Sep 21Bytes Technology Group's (LON:BYIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 05Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.126
Jun 09Bytes Technology Group (LON:BYIT) Is Increasing Its Dividend To £0.126
May 26Is Now The Time To Look At Buying Bytes Technology Group plc (LON:BYIT)?
Mar 11Calculating The Fair Value Of Bytes Technology Group plc (LON:BYIT)
Feb 01Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.024
Nov 17Bytes Technology Group (LON:BYIT) Will Pay A Larger Dividend Than Last Year At £0.024
Oct 29Calculating The Intrinsic Value Of Bytes Technology Group plc (LON:BYIT)
Oct 06Is Bytes Technology Group plc (LON:BYIT) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 25What Kind Of Shareholders Hold The Majority In Bytes Technology Group PLC's (LON:BYIT) Shares?
Mar 10Financial Position Analysis
Short Term Liabilities: BYIT's short term assets (£245.9M) exceed its short term liabilities (£240.6M).
Long Term Liabilities: BYIT's short term assets (£245.9M) exceed its long term liabilities (£2.7M).
Debt to Equity History and Analysis
Debt Level: BYIT is debt free.
Reducing Debt: BYIT has not had any debt for past 5 years.
Debt Coverage: BYIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BYIT has no debt, therefore coverage of interest payments is not a concern.