Michelmersh Brick Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Michelmersh Brick Holdings has a total shareholder equity of £90.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £124.8M and £33.9M respectively. Michelmersh Brick Holdings's EBIT is £10.4M making its interest coverage ratio -148.6. It has cash and short-term investments of £4.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -148.6x |
| Cash | UK£4.09m |
| Equity | UK£90.93m |
| Total liabilities | UK£33.87m |
| Total assets | UK£124.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPO's short term assets (£36.8M) exceed its short term liabilities (£17.3M).
Long Term Liabilities: MPO's short term assets (£36.8M) exceed its long term liabilities (£16.6M).
Debt to Equity History and Analysis
Debt Level: MPO is debt free.
Reducing Debt: MPO has no debt compared to 5 years ago when its debt to equity ratio was 32.6%.
Debt Coverage: MPO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MPO has no debt, therefore coverage of interest payments is not a concern.