Gattaca Balance Sheet Health
Financial Health criteria checks 6/6
Gattaca has a total shareholder equity of £28.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £81.2M and £52.9M respectively. Gattaca's EBIT is £2.2M making its interest coverage ratio -3.1. It has cash and short-term investments of £22.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -3.1x |
| Cash | UK£22.82m |
| Equity | UK£28.30m |
| Total liabilities | UK£52.91m |
| Total assets | UK£81.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNZ's short term assets (£76.2M) exceed its short term liabilities (£51.3M).
Long Term Liabilities: MNZ's short term assets (£76.2M) exceed its long term liabilities (£1.6M).
Debt to Equity History and Analysis
Debt Level: MNZ is debt free.
Reducing Debt: MNZ has no debt compared to 5 years ago when its debt to equity ratio was 105%.
Debt Coverage: MNZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MNZ has no debt, therefore coverage of interest payments is not a concern.