Shoe Zone Balance Sheet Health
Financial Health criteria checks 6/6
Shoe Zone has a total shareholder equity of £33.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £98.8M and £65.5M respectively. Shoe Zone's EBIT is £17.1M making its interest coverage ratio 30.4. It has cash and short-term investments of £16.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 30.4x |
Cash | UK£16.35m |
Equity | UK£33.35m |
Total liabilities | UK£65.49m |
Total assets | UK£98.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 86W's short term assets (£53.4M) exceed its short term liabilities (£38.5M).
Long Term Liabilities: 86W's short term assets (£53.4M) exceed its long term liabilities (£27.0M).
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.