Gym Group Balance Sheet Health
Financial Health criteria checks 2/6
Gym Group has a total shareholder equity of £128.0M and total debt of £58.9M, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are £571.5M and £443.5M respectively. Gym Group's EBIT is £15.4M making its interest coverage ratio 0.7. It has cash and short-term investments of £1.5M.
Key information
46.0%
Debt to equity ratio
UK£58.90m
Debt
Interest coverage ratio | 0.7x |
Cash | UK£1.50m |
Equity | UK£128.00m |
Total liabilities | UK£443.50m |
Total assets | UK£571.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GYYM.F's short term assets (£13.0M) do not cover its short term liabilities (£72.3M).
Long Term Liabilities: GYYM.F's short term assets (£13.0M) do not cover its long term liabilities (£371.2M).
Debt to Equity History and Analysis
Debt Level: GYYM.F's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: GYYM.F's debt to equity ratio has increased from 32.7% to 46% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GYYM.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GYYM.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.5% per year.