Carclo Balance Sheet Health
Financial Health criteria checks 2/6
Carclo has a total shareholder equity of £6.9M and total debt of £25.0M, which brings its debt-to-equity ratio to 360.3%. Its total assets and total liabilities are £111.4M and £104.5M respectively. Carclo's EBIT is £2.5M making its interest coverage ratio 0.7. It has cash and short-term investments of £7.2M.
Key information
360.3%
Debt to equity ratio
UK£25.02m
Debt
Interest coverage ratio | 0.7x |
Cash | UK£7.19m |
Equity | UK£6.95m |
Total liabilities | UK£104.48m |
Total assets | UK£111.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCEG.F's short term assets (£42.8M) exceed its short term liabilities (£30.9M).
Long Term Liabilities: CCEG.F's short term assets (£42.8M) do not cover its long term liabilities (£73.5M).
Debt to Equity History and Analysis
Debt Level: CCEG.F's net debt to equity ratio (256.8%) is considered high.
Reducing Debt: CCEG.F's debt to equity ratio has increased from 83.6% to 360.3% over the past 5 years.
Debt Coverage: CCEG.F's debt is well covered by operating cash flow (54.5%).
Interest Coverage: CCEG.F's interest payments on its debt are not well covered by EBIT (0.7x coverage).