Ashmore Group Balance Sheet Health
Financial Health criteria checks 6/6
Ashmore Group has a total shareholder equity of £881.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £969.1M and £88.0M respectively. Ashmore Group's EBIT is £80.3M making its interest coverage ratio -2.4. It has cash and short-term investments of £718.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -2.4x |
Cash | UK£718.00m |
Equity | UK£881.10m |
Total liabilities | UK£88.00m |
Total assets | UK£969.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1B's short term assets (£784.7M) exceed its short term liabilities (£76.0M).
Long Term Liabilities: A1B's short term assets (£784.7M) exceed its long term liabilities (£12.0M).
Debt to Equity History and Analysis
Debt Level: A1B is debt free.
Reducing Debt: A1B has not had any debt for past 5 years.
Debt Coverage: A1B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: A1B has no debt, therefore coverage of interest payments is not a concern.