Cerillion Balance Sheet Health
Financial Health criteria checks 6/6
Cerillion has a total shareholder equity of £42.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £59.6M and £17.1M respectively. Cerillion's EBIT is £16.8M making its interest coverage ratio -22.9. It has cash and short-term investments of £26.6M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -22.9x |
| Cash | UK£26.61m |
| Equity | UK£42.48m |
| Total liabilities | UK£17.10m |
| Total assets | UK£59.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1VW's short term assets (£42.9M) exceed its short term liabilities (£13.8M).
Long Term Liabilities: 1VW's short term assets (£42.9M) exceed its long term liabilities (£3.3M).
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 18.2%.
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.