Capita Balance Sheet Health
Financial Health criteria checks 3/6
Capita has a total shareholder equity of £170.4M and total debt of £162.6M, which brings its debt-to-equity ratio to 95.4%. Its total assets and total liabilities are £2.0B and £1.8B respectively. Capita's EBIT is £54.2M making its interest coverage ratio 1. It has cash and short-term investments of £151.4M.
Key information
95.4%
Debt to equity ratio
UK£162.60m
Debt
| Interest coverage ratio | 1x |
| Cash | UK£151.40m |
| Equity | UK£170.40m |
| Total liabilities | UK£1.84b |
| Total assets | UK£2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTAG.F's short term assets (£661.6M) do not cover its short term liabilities (£1.2B).
Long Term Liabilities: CTAG.F's short term assets (£661.6M) exceed its long term liabilities (£592.1M).
Debt to Equity History and Analysis
Debt Level: CTAG.F's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: CTAG.F's debt to equity ratio has reduced from 2027.3% to 95.4% over the past 5 years.
Debt Coverage: CTAG.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CTAG.F's interest payments on its debt are not well covered by EBIT (1x coverage).