Tatton Asset Management Balance Sheet Health
Financial Health criteria checks 6/6
Tatton Asset Management has a total shareholder equity of £35.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £48.2M and £12.5M respectively. Tatton Asset Management's EBIT is £14.0M making its interest coverage ratio 39.9. It has cash and short-term investments of £21.7M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 39.9x |
| Cash | UK£21.74m |
| Equity | UK£35.67m |
| Total liabilities | UK£12.48m |
| Total assets | UK£48.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2T7's short term assets (£26.6M) exceed its short term liabilities (£6.6M).
Long Term Liabilities: 2T7's short term assets (£26.6M) exceed its long term liabilities (£5.9M).
Debt to Equity History and Analysis
Debt Level: 2T7 is debt free.
Reducing Debt: 2T7 had no debt 5 years ago.
Debt Coverage: 2T7 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2T7 has no debt, therefore coverage of interest payments is not a concern.