Diploma Balance Sheet Health
Financial Health criteria checks 5/6
Diploma has a total shareholder equity of £880.6M and total debt of £318.1M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are £1.5B and £665.5M respectively. Diploma's EBIT is £196.5M making its interest coverage ratio 8. It has cash and short-term investments of £59.5M.
Key information
36.1%
Debt to equity ratio
UK£318.10m
Debt
Interest coverage ratio | 8x |
Cash | UK£59.50m |
Equity | UK£880.60m |
Total liabilities | UK£665.50m |
Total assets | UK£1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DPMA.Y's short term assets (£484.7M) exceed its short term liabilities (£214.0M).
Long Term Liabilities: DPMA.Y's short term assets (£484.7M) exceed its long term liabilities (£451.5M).
Debt to Equity History and Analysis
Debt Level: DPMA.Y's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: DPMA.Y's debt to equity ratio has increased from 0% to 36.1% over the past 5 years.
Debt Coverage: DPMA.Y's debt is well covered by operating cash flow (63.6%).
Interest Coverage: DPMA.Y's interest payments on its debt are well covered by EBIT (8x coverage).