Eckoh Balance Sheet Health
Financial Health criteria checks 6/6
Eckoh has a total shareholder equity of £45.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £62.0M and £16.8M respectively. Eckoh's EBIT is £5.1M making its interest coverage ratio -26.9. It has cash and short-term investments of £8.3M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -26.9x |
| Cash | UK£8.31m |
| Equity | UK£45.27m |
| Total liabilities | UK£16.77m |
| Total assets | UK£62.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TZ5A's short term assets (£21.1M) exceed its short term liabilities (£16.2M).
Long Term Liabilities: TZ5A's short term assets (£21.1M) exceed its long term liabilities (£562.0K).
Debt to Equity History and Analysis
Debt Level: TZ5A is debt free.
Reducing Debt: TZ5A has no debt compared to 5 years ago when its debt to equity ratio was 18.9%.
Debt Coverage: TZ5A has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TZ5A has no debt, therefore coverage of interest payments is not a concern.