Mothercare Balance Sheet Health
Financial Health criteria checks 3/6
Mothercare has a total shareholder equity of £1.2M and total debt of £19.3M, which brings its debt-to-equity ratio to 1608.3%. Its total assets and total liabilities are £33.9M and £32.7M respectively. Mothercare's EBIT is £10.6M making its interest coverage ratio 4.1. It has cash and short-term investments of £8.7M.
Key information
1,608.3%
Debt to equity ratio
UK£19.30m
Debt
| Interest coverage ratio | 4.1x |
| Cash | UK£8.70m |
| Equity | UK£1.20m |
| Total liabilities | UK£32.70m |
| Total assets | UK£33.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHCR.F's short term assets (£16.7M) exceed its short term liabilities (£12.1M).
Long Term Liabilities: MHCR.F's short term assets (£16.7M) do not cover its long term liabilities (£20.6M).
Debt to Equity History and Analysis
Debt Level: MHCR.F's net debt to equity ratio (883.3%) is considered high.
Reducing Debt: MHCR.F's debt to equity ratio has increased from 59.1% to 1608.3% over the past 5 years.
Debt Coverage: MHCR.F's debt is well covered by operating cash flow (42%).
Interest Coverage: MHCR.F's interest payments on its debt are well covered by EBIT (4.1x coverage).