Tatton Asset Management Balance Sheet Health
Financial Health criteria checks 6/6
Tatton Asset Management has a total shareholder equity of £47.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £56.0M and £8.6M respectively. Tatton Asset Management's EBIT is £15.8M making its interest coverage ratio -16. It has cash and short-term investments of £28.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -16x |
| Cash | UK£28.05m |
| Equity | UK£47.39m |
| Total liabilities | UK£8.61m |
| Total assets | UK£55.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2T7's short term assets (£33.5M) exceed its short term liabilities (£7.6M).
Long Term Liabilities: 2T7's short term assets (£33.5M) exceed its long term liabilities (£982.0K).
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.