Arcontech Group Balance Sheet Health
Financial Health criteria checks 6/6
Arcontech Group has a total shareholder equity of £8.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £10.6M and £2.3M respectively. Arcontech Group's EBIT is £869.7K making its interest coverage ratio -3.8. It has cash and short-term investments of £7.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -3.8x |
| Cash | UK£7.16m |
| Equity | UK£8.27m |
| Total liabilities | UK£2.30m |
| Total assets | UK£10.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KTSA's short term assets (£7.8M) exceed its short term liabilities (£1.8M).
Long Term Liabilities: KTSA's short term assets (£7.8M) exceed its long term liabilities (£497.4K).
Debt to Equity History and Analysis
Debt Level: KTSA is debt free.
Reducing Debt: KTSA has not had any debt for past 5 years.
Debt Coverage: KTSA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KTSA has no debt, therefore coverage of interest payments is not a concern.