PayPoint Balance Sheet Health
Financial Health criteria checks 3/6
PayPoint has a total shareholder equity of £110.8M and total debt of £103.5M, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are £560.0M and £449.2M respectively. PayPoint's EBIT is £44.4M making its interest coverage ratio -693.4. It has cash and short-term investments of £20.3M.
Key information
93.5%
Debt to equity ratio
UK£103.51m
Debt
Interest coverage ratio | -693.4x |
Cash | UK£20.33m |
Equity | UK£110.76m |
Total liabilities | UK£449.20m |
Total assets | UK£559.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAY N's short term assets (£335.7M) do not cover its short term liabilities (£395.3M).
Long Term Liabilities: PAY N's short term assets (£335.7M) exceed its long term liabilities (£53.9M).
Debt to Equity History and Analysis
Debt Level: PAY N's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: PAY N's debt to equity ratio has increased from 13.1% to 93.5% over the past 5 years.
Debt Coverage: PAY N's debt is well covered by operating cash flow (134.8%).
Interest Coverage: PAY N earns more interest than it pays, so coverage of interest payments is not a concern.