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 ratio9.2x
CashUK£28.89m
EquityUK£40.53m
Total liabilitiesUK£30.03m
Total assetsUK£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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