Ascential Balance Sheet Health
Financial Health criteria checks 5/6
Ascential has a total shareholder equity of £232.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £365.8M and £133.0M respectively. Ascential's EBIT is £50.2M making its interest coverage ratio -29.5. It has cash and short-term investments of £19.3M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -29.5x |
| Cash | UK£19.30m |
| Equity | UK£232.80m |
| Total liabilities | UK£133.00m |
| Total assets | UK£365.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A040's short term assets (£102.4M) do not cover its short term liabilities (£114.1M).
Long Term Liabilities: A040's short term assets (£102.4M) exceed its long term liabilities (£18.9M).
Debt to Equity History and Analysis
Debt Level: A040 is debt free.
Reducing Debt: A040 has no debt compared to 5 years ago when its debt to equity ratio was 52.7%.
Debt Coverage: A040 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: A040 has no debt, therefore coverage of interest payments is not a concern.