Manolete Partners Balance Sheet Health
Financial Health criteria checks 4/6
Manolete Partners has a total shareholder equity of £40.5M and total debt of £12.5M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are £70.6M and £30.0M respectively. Manolete Partners's EBIT is £1.6M making its interest coverage ratio 9.2. It has cash and short-term investments of £28.9M.
Key information
30.8%
Debt to equity ratio
UK£12.50m
Debt
| Interest coverage ratio | 9.2x |
| Cash | UK£28.89m |
| Equity | UK£40.53m |
| Total liabilities | UK£30.03m |
| Total assets | UK£70.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2BE's short term assets (£46.1M) exceed its short term liabilities (£9.9M).
Long Term Liabilities: 2BE's short term assets (£46.1M) exceed its long term liabilities (£20.1M).
Debt to Equity History and Analysis
Debt Level: 2BE has more cash than its total debt.
Reducing Debt: 2BE's debt to equity ratio has increased from 0% to 30.8% over the past 5 years.
Debt Coverage: 2BE's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 2BE's interest payments on its debt are well covered by EBIT (9.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:59 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Manolete Partners Plc is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Simms | Arden Partners Plc. |
| null null | Canaccord Genuity |
| Bjorn Zietsman | Keefe, Bruyette & Woods Limited |