Mobico Group Balance Sheet Health
Financial Health criteria checks 0/6
Mobico Group has a total shareholder equity of £1.4B and total debt of £1.3B, which brings its debt-to-equity ratio to 94.7%. Its total assets and total liabilities are £4.2B and £2.8B respectively. Mobico Group's EBIT is £137.1M making its interest coverage ratio 2.9. It has cash and short-term investments of £291.8M.
Key information
94.7%
Debt to equity ratio
UK£1.32b
Debt
Interest coverage ratio | 2.9x |
Cash | UK£291.80m |
Equity | UK£1.39b |
Total liabilities | UK£2.76b |
Total assets | UK£4.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEXL's short term assets (£947.8M) do not cover its short term liabilities (£1.6B).
Long Term Liabilities: NEXL's short term assets (£947.8M) do not cover its long term liabilities (£1.2B).
Debt to Equity History and Analysis
Debt Level: NEXL's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: NEXL's debt to equity ratio has increased from 91.3% to 94.7% over the past 5 years.
Debt Coverage: NEXL's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: NEXL's interest payments on its debt are not well covered by EBIT (2.9x coverage).