Essentra Balance Sheet Health
Financial Health criteria checks 5/6
Essentra has a total shareholder equity of £275.6M and total debt of £113.6M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are £532.6M and £257.0M respectively. Essentra's EBIT is £15.0M making its interest coverage ratio 1.8. It has cash and short-term investments of £49.3M.
Key information
41.2%
Debt to equity ratio
UK£113.60m
Debt
| Interest coverage ratio | 1.8x |
| Cash | UK£49.30m |
| Equity | UK£275.60m |
| Total liabilities | UK£257.00m |
| Total assets | UK£532.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLRA.F's short term assets (£190.2M) exceed its short term liabilities (£96.7M).
Long Term Liabilities: FLRA.F's short term assets (£190.2M) exceed its long term liabilities (£160.3M).
Debt to Equity History and Analysis
Debt Level: FLRA.F's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: FLRA.F's debt to equity ratio has reduced from 67.4% to 41.2% over the past 5 years.
Debt Coverage: FLRA.F's debt is well covered by operating cash flow (32.4%).
Interest Coverage: FLRA.F's interest payments on its debt are not well covered by EBIT (1.8x coverage).