Motorpoint Group Balance Sheet Health
Financial Health criteria checks 2/6
Motorpoint Group has a total shareholder equity of £35.9M and total debt of £102.3M, which brings its debt-to-equity ratio to 285%. Its total assets and total liabilities are £246.0M and £210.1M respectively. Motorpoint Group's EBIT is £2.2M making its interest coverage ratio 0.2. It has cash and short-term investments of £11.2M.
Key information
285.0%
Debt to equity ratio
UK£102.30m
Debt
Interest coverage ratio | 0.2x |
Cash | UK£11.20m |
Equity | UK£35.90m |
Total liabilities | UK£210.10m |
Total assets | UK£246.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTPT.F's short term assets (£174.0M) exceed its short term liabilities (£149.8M).
Long Term Liabilities: MTPT.F's short term assets (£174.0M) exceed its long term liabilities (£60.3M).
Debt to Equity History and Analysis
Debt Level: MTPT.F's net debt to equity ratio (253.8%) is considered high.
Reducing Debt: MTPT.F's debt to equity ratio has increased from 255.5% to 285% over the past 5 years.
Debt Coverage: MTPT.F's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: MTPT.F's interest payments on its debt are not well covered by EBIT (0.2x coverage).