Motorpoint Group Balance Sheet Health
Financial Health criteria checks 3/6
Motorpoint Group has a total shareholder equity of £31.1M and total debt of £74.5M, which brings its debt-to-equity ratio to 239.5%. Its total assets and total liabilities are £197.8M and £166.7M respectively. Motorpoint Group's EBIT is £1.5M making its interest coverage ratio 0.2. It has cash and short-term investments of £9.2M.
Key information
239.5%
Debt to equity ratio
UK£74.50m
Debt
| Interest coverage ratio | 0.2x |
| Cash | UK£9.20m |
| Equity | UK£31.10m |
| Total liabilities | UK£166.70m |
| Total assets | UK£197.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTPT.F's short term assets (£133.4M) exceed its short term liabilities (£111.1M).
Long Term Liabilities: MTPT.F's short term assets (£133.4M) exceed its long term liabilities (£55.6M).
Debt to Equity History and Analysis
Debt Level: MTPT.F's net debt to equity ratio (210%) is considered high.
Reducing Debt: MTPT.F's debt to equity ratio has reduced from 316.2% to 239.5% over the past 5 years.
Debt Coverage: MTPT.F's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: MTPT.F's interest payments on its debt are not well covered by EBIT (0.2x coverage).