XP Power Balance Sheet Health
Financial Health criteria checks 3/6
XP Power has a total shareholder equity of £155.3M and total debt of £126.1M, which brings its debt-to-equity ratio to 81.2%. Its total assets and total liabilities are £446.3M and £291.0M respectively. XP Power's EBIT is £24.5M making its interest coverage ratio 1.8. It has cash and short-term investments of £12.7M.
Key information
81.2%
Debt to equity ratio
UK£126.10m
Debt
Interest coverage ratio | 1.8x |
Cash | UK£12.70m |
Equity | UK£155.30m |
Total liabilities | UK£291.00m |
Total assets | UK£446.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XPPL.F's short term assets (£192.0M) exceed its short term liabilities (£100.0M).
Long Term Liabilities: XPPL.F's short term assets (£192.0M) exceed its long term liabilities (£191.0M).
Debt to Equity History and Analysis
Debt Level: XPPL.F's net debt to equity ratio (73%) is considered high.
Reducing Debt: XPPL.F's debt to equity ratio has increased from 46.2% to 81.2% over the past 5 years.
Debt Coverage: XPPL.F's debt is well covered by operating cash flow (45.6%).
Interest Coverage: XPPL.F's interest payments on its debt are not well covered by EBIT (1.8x coverage).