Treatt Balance Sheet Health
Financial Health criteria checks 6/6
Treatt has a total shareholder equity of £137.2M and total debt of £10.6M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are £175.0M and £37.8M respectively. Treatt's EBIT is £18.4M making its interest coverage ratio 24.1. It has cash and short-term investments of £809.0K.
Key information
7.8%
Debt to equity ratio
UK£10.64m
Debt
Interest coverage ratio | 24.1x |
Cash | UK£809.00k |
Equity | UK£137.25m |
Total liabilities | UK£37.78m |
Total assets | UK£175.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5TT's short term assets (£96.5M) exceed its short term liabilities (£32.6M).
Long Term Liabilities: 5TT's short term assets (£96.5M) exceed its long term liabilities (£5.2M).
Debt to Equity History and Analysis
Debt Level: 5TT's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: 5TT's debt to equity ratio has reduced from 27.3% to 7.8% over the past 5 years.
Debt Coverage: 5TT's debt is well covered by operating cash flow (201.9%).
Interest Coverage: 5TT's interest payments on its debt are well covered by EBIT (24.1x coverage).