Best of the Best Balance Sheet Health
Financial Health criteria checks 6/6
Best of the Best has a total shareholder equity of £6.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £8.2M and £2.3M respectively. Best of the Best's EBIT is £5.4M making its interest coverage ratio -138.7. It has cash and short-term investments of £6.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -138.7x |
Cash | UK£6.90m |
Equity | UK£5.95m |
Total liabilities | UK£2.29m |
Total assets | UK£8.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B5O's short term assets (£7.1M) exceed its short term liabilities (£2.3M).
Long Term Liabilities: B5O has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: B5O is debt free.
Reducing Debt: B5O has not had any debt for past 5 years.
Debt Coverage: B5O has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: B5O has no debt, therefore coverage of interest payments is not a concern.