EKF Diagnostics Holdings Balance Sheet Health
Financial Health criteria checks 6/6
EKF Diagnostics Holdings has a total shareholder equity of £74.5M and total debt of £137.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are £89.3M and £14.8M respectively. EKF Diagnostics Holdings's EBIT is £8.6M making its interest coverage ratio -295. It has cash and short-term investments of £11.6M.
Key information
0.2%
Debt to equity ratio
UK£137.00k
Debt
Interest coverage ratio | -295x |
Cash | UK£11.58m |
Equity | UK£74.52m |
Total liabilities | UK£14.77m |
Total assets | UK£89.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EKDH.F's short term assets (£31.8M) exceed its short term liabilities (£11.7M).
Long Term Liabilities: EKDH.F's short term assets (£31.8M) exceed its long term liabilities (£3.0M).
Debt to Equity History and Analysis
Debt Level: EKDH.F has more cash than its total debt.
Reducing Debt: EKDH.F's debt to equity ratio has reduced from 2% to 0.2% over the past 5 years.
Debt Coverage: EKDH.F's debt is well covered by operating cash flow (7071.5%).
Interest Coverage: EKDH.F earns more interest than it pays, so coverage of interest payments is not a concern.