Ergomed Balance Sheet Health
Financial Health criteria checks 6/6
Ergomed has a total shareholder equity of £84.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £129.3M and £44.6M respectively. Ergomed's EBIT is £20.5M making its interest coverage ratio 33.5. It has cash and short-term investments of £19.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 33.5x |
| Cash | UK£19.10m |
| Equity | UK£84.75m |
| Total liabilities | UK£44.60m |
| Total assets | UK£129.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2EM's short term assets (£58.2M) exceed its short term liabilities (£38.9M).
Long Term Liabilities: 2EM's short term assets (£58.2M) exceed its long term liabilities (£5.7M).
Debt to Equity History and Analysis
Debt Level: 2EM is debt free.
Reducing Debt: 2EM had no debt 5 years ago.
Debt Coverage: 2EM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2EM has no debt, therefore coverage of interest payments is not a concern.