Victorian Plumbing Group Balance Sheet Health
Financial Health criteria checks 6/6
Victorian Plumbing Group has a total shareholder equity of £51.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £146.5M and £95.0M respectively. Victorian Plumbing Group's EBIT is £17.6M making its interest coverage ratio 19.6. It has cash and short-term investments of £36.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 19.6x |
| Cash | UK£36.10m |
| Equity | UK£51.50m |
| Total liabilities | UK£95.00m |
| Total assets | UK£146.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 637's short term assets (£77.0M) exceed its short term liabilities (£49.0M).
Long Term Liabilities: 637's short term assets (£77.0M) exceed its long term liabilities (£46.0M).
Debt to Equity History and Analysis
Debt Level: 637 is debt free.
Reducing Debt: 637 has not had any debt for past 5 years.
Debt Coverage: 637 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 637 has no debt, therefore coverage of interest payments is not a concern.