Victorian Plumbing Group Balance Sheet Health
Financial Health criteria checks 6/6
Victorian Plumbing Group has a total shareholder equity of £48.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £99.0M and £50.2M respectively. Victorian Plumbing Group's EBIT is £16.1M making its interest coverage ratio -53.7. It has cash and short-term investments of £46.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -53.7x |
Cash | UK£46.40m |
Equity | UK£48.80m |
Total liabilities | UK£50.20m |
Total assets | UK£99.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 637's short term assets (£85.4M) exceed its short term liabilities (£46.4M).
Long Term Liabilities: 637's short term assets (£85.4M) exceed its long term liabilities (£3.8M).
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.