AB Dynamics Balance Sheet Health
Financial Health criteria checks 6/6
AB Dynamics has a total shareholder equity of £131.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £176.0M and £44.7M respectively. AB Dynamics's EBIT is £12.7M making its interest coverage ratio 46.9. It has cash and short-term investments of £31.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 46.9x |
| Cash | UK£31.80m |
| Equity | UK£131.25m |
| Total liabilities | UK£44.70m |
| Total assets | UK£175.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6DY's short term assets (£65.1M) exceed its short term liabilities (£31.5M).
Long Term Liabilities: 6DY's short term assets (£65.1M) exceed its long term liabilities (£13.2M).
Debt to Equity History and Analysis
Debt Level: 6DY is debt free.
Reducing Debt: 6DY had no debt 5 years ago.
Debt Coverage: 6DY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6DY has no debt, therefore coverage of interest payments is not a concern.