Eight Capital Partners Balance Sheet Health
Financial Health criteria checks 3/6
Eight Capital Partners has a total shareholder equity of £25.3M and total debt of £7.2M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are £32.9M and £7.6M respectively.
Key information
28.4%
Debt to equity ratio
UK£7.18m
Debt
Interest coverage ratio | n/a |
Cash | UK£28.81m |
Equity | UK£25.28m |
Total liabilities | UK£7.65m |
Total assets | UK£32.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECS's short term assets (£29.9M) exceed its short term liabilities (£1.4M).
Long Term Liabilities: ECS's short term assets (£29.9M) exceed its long term liabilities (£6.2M).
Debt to Equity History and Analysis
Debt Level: ECS has more cash than its total debt.
Reducing Debt: ECS's debt to equity ratio has increased from 0% to 28.4% over the past 5 years.
Debt Coverage: ECS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ECS's interest payments on its debt are well covered by EBIT.