Churchill China Balance Sheet Health
Financial Health criteria checks 6/6
Churchill China has a total shareholder equity of £60.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £77.7M and £17.0M respectively. Churchill China's EBIT is £10.7M making its interest coverage ratio -65.1. It has cash and short-term investments of £7.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -65.1x |
| Cash | UK£7.82m |
| Equity | UK£60.72m |
| Total liabilities | UK£16.99m |
| Total assets | UK£77.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQW's short term assets (£43.6M) exceed its short term liabilities (£10.4M).
Long Term Liabilities: EQW's short term assets (£43.6M) exceed its long term liabilities (£6.6M).
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.