GlobalData Balance Sheet Health
Financial Health criteria checks 1/6
GlobalData has a total shareholder equity of £57.8M and total debt of £263.7M, which brings its debt-to-equity ratio to 456.2%. Its total assets and total liabilities are £492.3M and £434.5M respectively. GlobalData's EBIT is £73.7M making its interest coverage ratio 2.3. It has cash and short-term investments of £19.8M.
Key information
456.2%
Debt to equity ratio
UK£263.70m
Debt
Interest coverage ratio | 2.3x |
Cash | UK£19.80m |
Equity | UK£57.80m |
Total liabilities | UK£434.50m |
Total assets | UK£492.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLDA.F's short term assets (£89.5M) do not cover its short term liabilities (£144.3M).
Long Term Liabilities: GLDA.F's short term assets (£89.5M) do not cover its long term liabilities (£290.2M).
Debt to Equity History and Analysis
Debt Level: GLDA.F's net debt to equity ratio (422%) is considered high.
Reducing Debt: GLDA.F's debt to equity ratio has increased from 46.8% to 456.2% over the past 5 years.
Debt Coverage: GLDA.F's debt is well covered by operating cash flow (25%).
Interest Coverage: GLDA.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).