Eckoh Balance Sheet Health
Financial Health criteria checks 6/6
Eckoh has a total shareholder equity of £43.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £59.0M and £15.5M respectively. Eckoh's EBIT is £5.4M making its interest coverage ratio -49. It has cash and short-term investments of £7.3M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -49x |
Cash | UK£7.28m |
Equity | UK£43.46m |
Total liabilities | UK£15.54m |
Total assets | UK£59.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TZ5A's short term assets (£17.7M) exceed its short term liabilities (£13.8M).
Long Term Liabilities: TZ5A's short term assets (£17.7M) exceed its long term liabilities (£1.8M).
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 23.3%.
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.