This company has been acquired
Tyman Balance Sheet Health
Financial Health criteria checks 6/6
Tyman has a total shareholder equity of £529.9M and total debt of £211.8M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are £965.8M and £435.9M respectively. Tyman's EBIT is £74.3M making its interest coverage ratio 8.8. It has cash and short-term investments of £86.7M.
Key information
40.0%
Debt to equity ratio
UK£211.80m
Debt
| Interest coverage ratio | 8.8x |
| Cash | UK£86.70m |
| Equity | UK£529.90m |
| Total liabilities | UK£435.90m |
| Total assets | UK£965.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPUS.F's short term assets (£364.3M) exceed its short term liabilities (£168.2M).
Long Term Liabilities: LPUS.F's short term assets (£364.3M) exceed its long term liabilities (£267.7M).
Debt to Equity History and Analysis
Debt Level: LPUS.F's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: LPUS.F's debt to equity ratio has reduced from 62.1% to 40% over the past 5 years.
Debt Coverage: LPUS.F's debt is well covered by operating cash flow (23.9%).
Interest Coverage: LPUS.F's interest payments on its debt are well covered by EBIT (8.8x coverage).