Character Group Balance Sheet Health
Financial Health criteria checks 5/6
Character Group has a total shareholder equity of £39.4M and total debt of £1.3M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are £71.3M and £32.0M respectively. Character Group's EBIT is £5.3M making its interest coverage ratio 155.9. It has cash and short-term investments of £10.9M.
Key information
3.3%
Debt to equity ratio
UK£1.28m
Debt
Interest coverage ratio | 155.9x |
Cash | UK£10.89m |
Equity | UK£39.37m |
Total liabilities | UK£31.96m |
Total assets | UK£71.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGRO.F's short term assets (£56.3M) exceed its short term liabilities (£31.3M).
Long Term Liabilities: CGRO.F's short term assets (£56.3M) exceed its long term liabilities (£631.0K).
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 60% to 3.3% over the past 5 years.
Debt Coverage: CGRO.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CGRO.F's interest payments on its debt are well covered by EBIT (155.9x coverage).