Agronomics Balance Sheet Health
Financial Health criteria checks 6/6
Agronomics has a total shareholder equity of £167.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £168.0M and £203.0K respectively. Agronomics's EBIT is £5.8M making its interest coverage ratio -4.6. It has cash and short-term investments of £167.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -4.6x |
| Cash | UK£167.89m |
| Equity | UK£167.83m |
| Total liabilities | UK£203.05k |
| Total assets | UK£168.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ANIC's short term assets (£168.0M) exceed its short term liabilities (£203.0K).
Long Term Liabilities: ANIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ANIC is debt free.
Reducing Debt: ANIC has not had any debt for past 5 years.
Debt Coverage: ANIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ANIC has no debt, therefore coverage of interest payments is not a concern.