Cerillion Balance Sheet Health
Financial Health criteria checks 6/6
Cerillion has a total shareholder equity of £48.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £63.1M and £14.6M respectively. Cerillion's EBIT is £18.4M making its interest coverage ratio -22.1. It has cash and short-term investments of £29.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -22.1x |
| Cash | UK£29.85m |
| Equity | UK£48.51m |
| Total liabilities | UK£14.59m |
| Total assets | UK£63.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1VW's short term assets (£47.4M) exceed its short term liabilities (£11.5M).
Long Term Liabilities: 1VW's short term assets (£47.4M) exceed its long term liabilities (£3.1M).
Debt to Equity History and Analysis
Debt Level: 1VW is debt free.
Reducing Debt: 1VW has no debt compared to 5 years ago when its debt to equity ratio was 11.4%.
Debt Coverage: 1VW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1VW has no debt, therefore coverage of interest payments is not a concern.