Tatton Asset Management Balance Sheet Health
Financial Health criteria checks 6/6
Tatton Asset Management has a total shareholder equity of £43.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £52.5M and £9.1M respectively. Tatton Asset Management's EBIT is £16.6M making its interest coverage ratio -34. It has cash and short-term investments of £24.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -34x |
Cash | UK£24.94m |
Equity | UK£43.33m |
Total liabilities | UK£9.13m |
Total assets | UK£52.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2T7's short term assets (£30.1M) exceed its short term liabilities (£8.1M).
Long Term Liabilities: 2T7's short term assets (£30.1M) exceed its long term liabilities (£1.0M).
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.