Eleco Balance Sheet Health
Financial Health criteria checks 6/6
Eleco has a total shareholder equity of £27.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £46.0M and £18.6M respectively. Eleco's EBIT is £3.5M making its interest coverage ratio -56.2. It has cash and short-term investments of £10.9M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -56.2x |
Cash | UK£10.90m |
Equity | UK£27.36m |
Total liabilities | UK£18.62m |
Total assets | UK£45.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5H3's short term assets (£16.3M) exceed its short term liabilities (£15.3M).
Long Term Liabilities: 5H3's short term assets (£16.3M) 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 50.7%.
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.