Telecom Plus Balance Sheet Health
Financial Health criteria checks 4/6
Telecom Plus has a total shareholder equity of £220.6M and total debt of £119.5M, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are £498.7M and £278.1M respectively. Telecom Plus's EBIT is £96.0M making its interest coverage ratio 24.6. It has cash and short-term investments of £37.2M.
Key information
54.2%
Debt to equity ratio
UK£119.49m
Debt
Interest coverage ratio | 24.6x |
Cash | UK£37.22m |
Equity | UK£220.61m |
Total liabilities | UK£278.10m |
Total assets | UK£498.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEPL's short term assets (£269.6M) exceed its short term liabilities (£156.0M).
Long Term Liabilities: TEPL's short term assets (£269.6M) exceed its long term liabilities (£122.1M).
Debt to Equity History and Analysis
Debt Level: TEPL's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: TEPL's debt to equity ratio has increased from 22.2% to 54.2% over the past 5 years.
Debt Coverage: TEPL's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: TEPL's interest payments on its debt are well covered by EBIT (24.6x coverage).