Gooch & Housego Balance Sheet Health
Financial Health criteria checks 6/6
Gooch & Housego has a total shareholder equity of £119.7M and total debt of £28.2M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are £192.6M and £72.9M respectively. Gooch & Housego's EBIT is £7.6M making its interest coverage ratio 4.3. It has cash and short-term investments of £7.3M.
Key information
23.5%
Debt to equity ratio
UK£28.17m
Debt
Interest coverage ratio | 4.3x |
Cash | UK£7.29m |
Equity | UK£119.73m |
Total liabilities | UK£72.88m |
Total assets | UK£192.61m |
Recent financial health updates
Gooch & Housego (LON:GHH) Seems To Use Debt Quite Sensibly
Feb 24These 4 Measures Indicate That Gooch & Housego (LON:GHH) Is Using Debt Reasonably Well
Jan 09Recent updates
Gooch & Housego PLC's (LON:GHH) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Feb 29Gooch & Housego's (LON:GHH) Earnings May Just Be The Starting Point
Jan 22Gooch & Housego (LON:GHH) Has Announced That It Will Be Increasing Its Dividend To £0.048
Jun 09Gooch & Housego (LON:GHH) Seems To Use Debt Quite Sensibly
Feb 24Gooch & Housego (LON:GHH) Has Announced That It Will Be Increasing Its Dividend To £0.079
Jan 09Gooch & Housego (LON:GHH) Is Increasing Its Dividend To £0.079
Dec 09Is There Now An Opportunity In Gooch & Housego PLC (LON:GHH)?
May 21Gooch & Housego (LON:GHH) May Have Issues Allocating Its Capital
Aug 03Be Wary Of Gooch & Housego (LON:GHH) And Its Returns On Capital
May 01Is Now An Opportune Moment To Examine Gooch & Housego PLC (LON:GHH)?
Apr 08Can Mixed Financials Have A Negative Impact on Gooch & Housego PLC's 's (LON:GHH) Current Price Momentum?
Mar 18What Do The Returns On Capital At Gooch & Housego (LON:GHH) Tell Us?
Jan 30These 4 Measures Indicate That Gooch & Housego (LON:GHH) Is Using Debt Reasonably Well
Jan 09Does Gooch & Housego's (LON:GHH) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 25Gooch & Housego PLC (LON:GHH) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Dec 10Investors Who Bought Gooch & Housego (LON:GHH) Shares Five Years Ago Are Now Up 31%
Nov 19Financial Position Analysis
Short Term Liabilities: GHH's short term assets (£79.0M) exceed its short term liabilities (£23.2M).
Long Term Liabilities: GHH's short term assets (£79.0M) exceed its long term liabilities (£49.7M).
Debt to Equity History and Analysis
Debt Level: GHH's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: GHH's debt to equity ratio has reduced from 27.5% to 23.5% over the past 5 years.
Debt Coverage: GHH's debt is well covered by operating cash flow (57.4%).
Interest Coverage: GHH's interest payments on its debt are well covered by EBIT (4.3x coverage).