Oxford Instruments Balance Sheet Health

Financial Health criteria checks 6/6

Oxford Instruments has a total shareholder equity of £351.6M and total debt of £22.6M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are £576.1M and £224.5M respectively. Oxford Instruments's EBIT is £61.5M making its interest coverage ratio -153.8. It has cash and short-term investments of £101.7M.

Key information

6.4%

Debt to equity ratio

UK£22.60m

Debt

Interest coverage ratio-153.8x
CashUK£101.70m
EquityUK£351.60m
Total liabilitiesUK£224.50m
Total assetsUK£576.10m

Recent financial health updates

Recent updates

Here's What To Make Of Oxford Instruments' (LON:OXIG) Decelerating Rates Of Return

Mar 13
Here's What To Make Of Oxford Instruments' (LON:OXIG) Decelerating Rates Of Return

Oxford Instruments (LON:OXIG) Has A Pretty Healthy Balance Sheet

Feb 29
Oxford Instruments (LON:OXIG) Has A Pretty Healthy Balance Sheet

Investors Will Want Oxford Instruments' (LON:OXIG) Growth In ROCE To Persist

Feb 16
Investors Will Want Oxford Instruments' (LON:OXIG) Growth In ROCE To Persist

I Ran A Stock Scan For Earnings Growth And Oxford Instruments (LON:OXIG) Passed With Ease

Feb 01
I Ran A Stock Scan For Earnings Growth And Oxford Instruments (LON:OXIG) Passed With Ease

We Think Oxford Instruments (LON:OXIG) Can Manage Its Debt With Ease

Jan 05
We Think Oxford Instruments (LON:OXIG) Can Manage Its Debt With Ease

Is Oxford Instruments plc (LON:OXIG) Worth UK£23.5 Based On Its Intrinsic Value?

Nov 21
Is Oxford Instruments plc (LON:OXIG) Worth UK£23.5 Based On Its Intrinsic Value?

Investors Will Want Oxford Instruments' (LON:OXIG) Growth In ROCE To Persist

Nov 07
Investors Will Want Oxford Instruments' (LON:OXIG) Growth In ROCE To Persist

Does Oxford Instruments (LON:OXIG) Deserve A Spot On Your Watchlist?

Oct 26
Does Oxford Instruments (LON:OXIG) Deserve A Spot On Your Watchlist?

Is Now The Time To Look At Buying Oxford Instruments plc (LON:OXIG)?

Oct 12
Is Now The Time To Look At Buying Oxford Instruments plc (LON:OXIG)?

Oxford Instruments (LON:OXIG) Has A Rock Solid Balance Sheet

Sep 27
Oxford Instruments (LON:OXIG) Has A Rock Solid Balance Sheet

We Like These Underlying Return On Capital Trends At Oxford Instruments (LON:OXIG)

Aug 04
We Like These Underlying Return On Capital Trends At Oxford Instruments (LON:OXIG)

Here's Why I Think Oxford Instruments (LON:OXIG) Might Deserve Your Attention Today

Jul 07
Here's Why I Think Oxford Instruments (LON:OXIG) Might Deserve Your Attention Today

Oxford Instruments (LON:OXIG) Has A Rock Solid Balance Sheet

Jun 24
Oxford Instruments (LON:OXIG) Has A Rock Solid Balance Sheet

Results: Oxford Instruments plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Jun 11
Results: Oxford Instruments plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Is There Now An Opportunity In Oxford Instruments plc (LON:OXIG)?

May 06
Is There Now An Opportunity In Oxford Instruments plc (LON:OXIG)?

Can Oxford Instruments (LON:OXIG) Continue To Grow Its Returns On Capital?

Mar 12
Can Oxford Instruments (LON:OXIG) Continue To Grow Its Returns On Capital?

Need To Know: Oxford Instruments plc (LON:OXIG) Insiders Have Been Selling Shares

Feb 22
Need To Know: Oxford Instruments plc (LON:OXIG) Insiders Have Been Selling Shares

If You Had Bought Oxford Instruments (LON:OXIG) Stock Five Years Ago, You Could Pocket A 179% Gain Today

Feb 08
If You Had Bought Oxford Instruments (LON:OXIG) Stock Five Years Ago, You Could Pocket A 179% Gain Today

At UK£19.26, Is Oxford Instruments plc (LON:OXIG) Worth Looking At Closely?

Jan 25
At UK£19.26, Is Oxford Instruments plc (LON:OXIG) Worth Looking At Closely?

Is Oxford Instruments (LON:OXIG) Using Too Much Debt?

Jan 11
Is Oxford Instruments (LON:OXIG) Using Too Much Debt?

Here's Why Oxford Instruments's (LON:OXIG) Statutory Earnings Are Arguably Too Conservative

Dec 30
Here's Why Oxford Instruments's (LON:OXIG) Statutory Earnings Are Arguably Too Conservative

Are Strong Financial Prospects The Force That Is Driving The Momentum In Oxford Instruments plc's LON:OXIG) Stock?

Dec 17
Are Strong Financial Prospects The Force That Is Driving The Momentum In Oxford Instruments plc's LON:OXIG) Stock?

How Should Investors React To Oxford Instruments' (LON:OXIG) CEO Pay?

Dec 04
How Should Investors React To Oxford Instruments' (LON:OXIG) CEO Pay?

Gavin Hill Is The Group Finance Director & Executive Director of Oxford Instruments plc (LON:OXIG) And They Just Sold 90% Of Their Shares

Nov 21
Gavin Hill Is The Group Finance Director & Executive Director of Oxford Instruments plc (LON:OXIG) And They Just Sold 90% Of Their Shares

Financial Position Analysis

Short Term Liabilities: OXIG's short term assets (£316.1M) exceed its short term liabilities (£189.7M).

Long Term Liabilities: OXIG's short term assets (£316.1M) exceed its long term liabilities (£34.8M).


Debt to Equity History and Analysis

Debt Level: OXIG has more cash than its total debt.

Reducing Debt: OXIG's debt to equity ratio has reduced from 17.4% to 6.4% over the past 5 years.

Debt Coverage: OXIG's debt is well covered by operating cash flow (183.6%).

Interest Coverage: OXIG earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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