Ace Liberty & Stone Balance Sheet Health
Financial Health criteria checks 1/6
Ace Liberty & Stone has a total shareholder equity of £31.7M and total debt of £50.4M, which brings its debt-to-equity ratio to 158.7%. Its total assets and total liabilities are £85.5M and £53.7M respectively. Ace Liberty & Stone's EBIT is £4.2M making its interest coverage ratio 1.2. It has cash and short-term investments of £3.2M.
Key information
158.7%
Debt to equity ratio
UK£50.36m
Debt
| Interest coverage ratio | 1.2x |
| Cash | UK£3.21m |
| Equity | UK£31.73m |
| Total liabilities | UK£53.73m |
| Total assets | UK£85.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8MW's short term assets (£6.6M) do not cover its short term liabilities (£21.5M).
Long Term Liabilities: 8MW's short term assets (£6.6M) do not cover its long term liabilities (£32.3M).
Debt to Equity History and Analysis
Debt Level: 8MW's net debt to equity ratio (148.6%) is considered high.
Reducing Debt: 8MW's debt to equity ratio has reduced from 298.2% to 158.7% over the past 5 years.
Debt Coverage: 8MW's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: 8MW's interest payments on its debt are not well covered by EBIT (1.2x coverage).