Van Elle Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Van Elle Holdings has a total shareholder equity of £52.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £98.9M and £46.1M respectively. Van Elle Holdings's EBIT is £5.2M making its interest coverage ratio 29.3. It has cash and short-term investments of £6.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 29.3x |
| Cash | UK£6.00m |
| Equity | UK£52.73m |
| Total liabilities | UK£46.13m |
| Total assets | UK£98.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5MH's short term assets (£50.0M) exceed its short term liabilities (£34.8M).
Long Term Liabilities: 5MH's short term assets (£50.0M) exceed its long term liabilities (£11.3M).
Debt to Equity History and Analysis
Debt Level: 5MH is debt free.
Reducing Debt: 5MH has no debt compared to 5 years ago when its debt to equity ratio was 2.4%.
Debt Coverage: 5MH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5MH has no debt, therefore coverage of interest payments is not a concern.