Eleco Balance Sheet Health
Financial Health criteria checks 6/6
Eleco has a total shareholder equity of £28.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £48.8M and £20.7M respectively. Eleco's EBIT is £3.9M making its interest coverage ratio -34.7. It has cash and short-term investments of £12.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -34.7x |
| Cash | UK£12.00m |
| Equity | UK£28.09m |
| Total liabilities | UK£20.71m |
| Total assets | UK£48.80m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5H3's short term assets (£17.7M) exceed its short term liabilities (£17.4M).
Long Term Liabilities: 5H3's short term assets (£17.7M) exceed its long term liabilities (£3.3M).
Debt to Equity History and Analysis
Debt Level: 5H3 is debt free.
Reducing Debt: 5H3 has no debt compared to 5 years ago when its debt to equity ratio was 41.7%.
Debt Coverage: 5H3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5H3 has no debt, therefore coverage of interest payments is not a concern.