Shoe Zone Balance Sheet Health
Financial Health criteria checks 6/6
Shoe Zone has a total shareholder equity of £33.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £98.8M and £65.5M respectively. Shoe Zone's EBIT is £17.1M making its interest coverage ratio 30.4. It has cash and short-term investments of £16.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 30.4x |
| Cash | UK£16.35m |
| Equity | UK£33.35m |
| Total liabilities | UK£65.49m |
| Total assets | UK£98.84m |
Recent financial health updates
Recent updates
Shareholders Would Not Be Objecting To Shoe Zone plc's (LON:SHOE) CEO Compensation And Here's Why
Mar 06
Shoe Zone (LON:SHOE) Is Paying Out A Dividend Of £0.025
Jun 02Shoe Zone (LON:SHOE) Has Affirmed Its Dividend Of £0.025
May 19Is Now An Opportune Moment To Examine Shoe Zone plc (LON:SHOE)?
Mar 17What Is Shoe Zone plc's (LON:SHOE) Share Price Doing?
Aug 23Shoe Zone (LON:SHOE) Could Become A Multi-Bagger
Jul 27Shoe Zone (LON:SHOE) Seems To Use Debt Quite Sensibly
Mar 24Here's Why It's Unlikely That Shoe Zone plc's (LON:SHOE) CEO Will See A Pay Rise This Year
Mar 02Investors Shouldn't Overlook The Favourable Returns On Capital At Shoe Zone (LON:SHOE)
Feb 10At UK£1.40, Is Shoe Zone plc (LON:SHOE) Worth Looking At Closely?
Jan 13What Do The Returns On Capital At Shoe Zone (LON:SHOE) Tell Us?
Dec 08Financial Position Analysis
Short Term Liabilities: SHOE's short term assets (£53.4M) exceed its short term liabilities (£38.5M).
Long Term Liabilities: SHOE's short term assets (£53.4M) exceed its long term liabilities (£27.0M).
Debt to Equity History and Analysis
Debt Level: SHOE is debt free.
Reducing Debt: SHOE had no debt 5 years ago.
Debt Coverage: SHOE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SHOE has no debt, therefore coverage of interest payments is not a concern.