Oxford Instruments Balance Sheet Health
Financial Health criteria checks 6/6
Oxford Instruments has a total shareholder equity of £376.7M and total debt of £13.7M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are £592.4M and £215.7M respectively. Oxford Instruments's EBIT is £65.1M making its interest coverage ratio -54.3. It has cash and short-term investments of £53.0M.
Key information
3.6%
Debt to equity ratio
UK£13.70m
Debt
| Interest coverage ratio | -54.3x |
| Cash | UK£53.00m |
| Equity | UK£376.70m |
| Total liabilities | UK£215.70m |
| Total assets | UK£592.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OXIN.F's short term assets (£291.0M) exceed its short term liabilities (£172.9M).
Long Term Liabilities: OXIN.F's short term assets (£291.0M) exceed its long term liabilities (£42.8M).
Debt to Equity History and Analysis
Debt Level: OXIN.F has more cash than its total debt.
Reducing Debt: OXIN.F's debt to equity ratio has reduced from 12.9% to 3.6% over the past 5 years.
Debt Coverage: OXIN.F's debt is well covered by operating cash flow (263.5%).
Interest Coverage: OXIN.F earns more interest than it pays, so coverage of interest payments is not a concern.