IQGeo Group Balance Sheet Health
Financial Health criteria checks 6/6
IQGeo Group has a total shareholder equity of £22.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £50.1M and £27.4M respectively. IQGeo Group's EBIT is £1.9M making its interest coverage ratio 4.1. It has cash and short-term investments of £11.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 4.1x |
| Cash | UK£10.95m |
| Equity | UK£22.77m |
| Total liabilities | UK£27.35m |
| Total assets | UK£50.12m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6KN's short term assets (£27.3M) exceed its short term liabilities (£24.4M).
Long Term Liabilities: 6KN's short term assets (£27.3M) exceed its long term liabilities (£2.9M).
Debt to Equity History and Analysis
Debt Level: 6KN is debt free.
Reducing Debt: 6KN had no debt 5 years ago.
Debt Coverage: 6KN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6KN has no debt, therefore coverage of interest payments is not a concern.