Churchill China Balance Sheet Health
Financial Health criteria checks 6/6
Churchill China has a total shareholder equity of £59.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £80.6M and £20.6M respectively. Churchill China's EBIT is £10.6M making its interest coverage ratio -68.6. It has cash and short-term investments of £13.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -68.6x |
Cash | UK£13.93m |
Equity | UK£59.94m |
Total liabilities | UK£20.61m |
Total assets | UK£80.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQW's short term assets (£46.9M) exceed its short term liabilities (£14.4M).
Long Term Liabilities: EQW's short term assets (£46.9M) exceed its long term liabilities (£6.3M).
Debt to Equity History and Analysis
Debt Level: EQW is debt free.
Reducing Debt: EQW has not had any debt for past 5 years.
Debt Coverage: EQW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EQW has no debt, therefore coverage of interest payments is not a concern.