Capita Balance Sheet Health
Financial Health criteria checks 2/6
Capita has a total shareholder equity of £114.9M and total debt of £359.1M, which brings its debt-to-equity ratio to 312.5%. Its total assets and total liabilities are £2.0B and £1.9B respectively. Capita's EBIT is £131.5M making its interest coverage ratio 4. It has cash and short-term investments of £155.5M.
Key information
312.5%
Debt to equity ratio
UK£359.10m
Debt
Interest coverage ratio | 4x |
Cash | UK£155.50m |
Equity | UK£114.90m |
Total liabilities | UK£1.88b |
Total assets | UK£2.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTAG.Y's short term assets (£583.9M) do not cover its short term liabilities (£1.2B).
Long Term Liabilities: CTAG.Y's short term assets (£583.9M) do not cover its long term liabilities (£686.2M).
Debt to Equity History and Analysis
Debt Level: CTAG.Y's net debt to equity ratio (177.2%) is considered high.
Reducing Debt: CTAG.Y's debt to equity ratio has reduced from 1477.8% to 312.5% over the past 5 years.
Debt Coverage: CTAG.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CTAG.Y's interest payments on its debt are well covered by EBIT (4x coverage).