Shoe Zone Balance Sheet Health
Financial Health criteria checks 6/6
Shoe Zone has a total shareholder equity of £28.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £89.7M and £60.8M respectively. Shoe Zone's EBIT is £18.3M making its interest coverage ratio 26.2. It has cash and short-term investments of £4.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 26.2x |
| Cash | UK£4.09m |
| Equity | UK£28.90m |
| Total liabilities | UK£60.85m |
| Total assets | UK£89.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 86W's short term assets (£38.0M) exceed its short term liabilities (£30.7M).
Long Term Liabilities: 86W's short term assets (£38.0M) exceed its long term liabilities (£30.2M).
Debt to Equity History and Analysis
Debt Level: 86W is debt free.
Reducing Debt: 86W had no debt 5 years ago.
Debt Coverage: 86W has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 86W has no debt, therefore coverage of interest payments is not a concern.