Angus Energy Balance Sheet Health
Financial Health criteria checks 1/6
Angus Energy has a total shareholder equity of £47.5M and total debt of £20.0M, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are £91.5M and £44.0M respectively. Angus Energy's EBIT is £459.0K making its interest coverage ratio 0.1. It has cash and short-term investments of £5.4M.
Key information
42.1%
Debt to equity ratio
UK£20.00m
Debt
| Interest coverage ratio | 0.1x |
| Cash | UK£5.45m |
| Equity | UK£47.53m |
| Total liabilities | UK£44.02m |
| Total assets | UK£91.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A3R's short term assets (£9.4M) do not cover its short term liabilities (£16.1M).
Long Term Liabilities: A3R's short term assets (£9.4M) do not cover its long term liabilities (£27.9M).
Debt to Equity History and Analysis
Debt Level: A3R's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: A3R's debt to equity ratio has increased from 0% to 42.1% over the past 5 years.
Debt Coverage: A3R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: A3R's interest payments on its debt are not well covered by EBIT (0.1x coverage).