Gamma Communications Balance Sheet Health
Financial Health criteria checks 5/6
Gamma Communications has a total shareholder equity of £280.6M and total debt of £3.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are £390.1M and £109.5M respectively. Gamma Communications's EBIT is £74.1M making its interest coverage ratio 185.3. It has cash and short-term investments of £75.6M.
Key information
1.1%
Debt to equity ratio
UK£3.00m
Debt
Interest coverage ratio | 185.3x |
Cash | UK£75.60m |
Equity | UK£280.60m |
Total liabilities | UK£109.50m |
Total assets | UK£390.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAMC.F's short term assets (£198.4M) exceed its short term liabilities (£77.6M).
Long Term Liabilities: GAMC.F's short term assets (£198.4M) exceed its long term liabilities (£31.9M).
Debt to Equity History and Analysis
Debt Level: GAMC.F has more cash than its total debt.
Reducing Debt: GAMC.F's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: GAMC.F's debt is well covered by operating cash flow (2770%).
Interest Coverage: GAMC.F's interest payments on its debt are well covered by EBIT (185.3x coverage).