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Egdon Resources Balance Sheet Health
Financial Health criteria checks 6/6
Egdon Resources has a total shareholder equity of £32.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £38.1M and £6.0M respectively. Egdon Resources's EBIT is £2.5M making its interest coverage ratio 3541.3. It has cash and short-term investments of £5.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 3541.3x |
Cash | UK£5.52m |
Equity | UK£32.15m |
Total liabilities | UK£5.95m |
Total assets | UK£38.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4ED's short term assets (£7.8M) exceed its short term liabilities (£1.2M).
Long Term Liabilities: 4ED's short term assets (£7.8M) exceed its long term liabilities (£4.7M).
Debt to Equity History and Analysis
Debt Level: 4ED is debt free.
Reducing Debt: 4ED had no debt 5 years ago.
Debt Coverage: 4ED has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4ED has no debt, therefore coverage of interest payments is not a concern.