Team17 Group Balance Sheet Health
Financial Health criteria checks 6/6
Team17 Group has a total shareholder equity of £255.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £318.5M and £63.2M respectively. Team17 Group's EBIT is £29.3M making its interest coverage ratio -64.7. It has cash and short-term investments of £45.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -64.7x |
Cash | UK£45.16m |
Equity | UK£255.34m |
Total liabilities | UK£63.21m |
Total assets | UK£318.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2EC's short term assets (£72.6M) exceed its short term liabilities (£50.9M).
Long Term Liabilities: 2EC's short term assets (£72.6M) exceed its long term liabilities (£12.3M).
Debt to Equity History and Analysis
Debt Level: 2EC is debt free.
Reducing Debt: 2EC had no debt 5 years ago.
Debt Coverage: 2EC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2EC has no debt, therefore coverage of interest payments is not a concern.