Foresight Solar Fund Balance Sheet Health
Financial Health criteria checks 5/6
Foresight Solar Fund has a total shareholder equity of £697.9M and total debt of £187.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are £699.1M and £1.2M respectively.
Key information
0.03%
Debt to equity ratio
UK£187.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£2.04m |
| Equity | UK£697.89m |
| Total liabilities | UK£1.20m |
| Total assets | UK£699.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1F5's short term assets (£16.0M) exceed its short term liabilities (£1.2M).
Long Term Liabilities: 1F5 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1F5 has more cash than its total debt.
Reducing Debt: 1F5's debt to equity ratio has reduced from 0.03% to 0.03% over the past 5 years.
Debt Coverage: 1F5's debt is well covered by operating cash flow (29563.1%).
Interest Coverage: Insufficient data to determine if 1F5's interest payments on its debt are well covered by EBIT.