Concurrent Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Concurrent Technologies has a total shareholder equity of £35.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £47.8M and £12.8M respectively. Concurrent Technologies's EBIT is £4.0M making its interest coverage ratio 222. It has cash and short-term investments of £11.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 222x |
| Cash | UK£11.12m |
| Equity | UK£35.04m |
| Total liabilities | UK£12.79m |
| Total assets | UK£47.83m |
Recent financial health updates
No updates
Recent updates
Concurrent Technologies' (LON:CNC) Solid Profits Have Weak Fundamentals
May 09
Be Wary Of Concurrent Technologies (LON:CNC) And Its Returns On Capital
Jun 23Concurrent Technologies (LON:CNC) Has Some Way To Go To Become A Multi-Bagger
May 18Calculating The Intrinsic Value Of Concurrent Technologies Plc (LON:CNC)
Apr 21Here's What To Make Of Concurrent Technologies' (LON:CNC) Decelerating Rates Of Return
Jan 05Concurrent Technologies (LON:CNC) Has Announced That It Will Be Increasing Its Dividend To UK£0.011
Sep 11Estimating The Intrinsic Value Of Concurrent Technologies Plc (LON:CNC)
Jun 04Should Concurrent Technologies Plc (LON:CNC) Be Part Of Your Dividend Portfolio?
Apr 29Income Investors Should Know That Concurrent Technologies Plc (LON:CNC) Goes Ex-Dividend Soon
Mar 14Shareholders Of Concurrent Technologies (LON:CNC) Must Be Happy With Their 69% Return
Mar 13Is Concurrent Technologies (LON:CNC) Likely To Turn Things Around?
Feb 16
Concurrent Technologies Plc's (LON:CNC) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 03Have Insiders Been Selling Concurrent Technologies Plc (LON:CNC) Shares This Year?
Jan 19Key Things To Consider Before Buying Concurrent Technologies Plc (LON:CNC) For Its Dividend
Jan 06How Much Of Concurrent Technologies Plc (LON:CNC) Do Insiders Own?
Dec 23Are Concurrent Technologies's (LON:CNC) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 10Did You Participate In Any Of Concurrent Technologies' (LON:CNC) Respectable 68% Return?
Nov 26Here's What To Make Of Concurrent Technologies' (LON:CNC) Returns On Capital
Jul 03Financial Position Analysis
Short Term Liabilities: CNC's short term assets (£31.0M) exceed its short term liabilities (£9.7M).
Long Term Liabilities: CNC's short term assets (£31.0M) exceed its long term liabilities (£3.1M).
Debt to Equity History and Analysis
Debt Level: CNC is debt free.
Reducing Debt: CNC has not had any debt for past 5 years.
Debt Coverage: CNC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CNC has no debt, therefore coverage of interest payments is not a concern.