Character Group Balance Sheet Health
Financial Health criteria checks 6/6
Character Group has a total shareholder equity of £38.7M and total debt of £482.0K, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are £54.2M and £15.5M respectively. Character Group's EBIT is £6.7M making its interest coverage ratio -127.2. It has cash and short-term investments of £13.4M.
Key information
1.2%
Debt to equity ratio
UK£482.00k
Debt
| Interest coverage ratio | -127.2x |
| Cash | UK£13.42m |
| Equity | UK£38.72m |
| Total liabilities | UK£15.52m |
| Total assets | UK£54.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGRO.F's short term assets (£40.2M) exceed its short term liabilities (£15.1M).
Long Term Liabilities: CGRO.F's short term assets (£40.2M) exceed its long term liabilities (£427.0K).
Debt to Equity History and Analysis
Debt Level: CGRO.F has more cash than its total debt.
Reducing Debt: CGRO.F's debt to equity ratio has reduced from 11.1% to 1.2% over the past 5 years.
Debt Coverage: CGRO.F's debt is well covered by operating cash flow (1906.8%).
Interest Coverage: CGRO.F earns more interest than it pays, so coverage of interest payments is not a concern.