Big Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Big Technologies has a total shareholder equity of £133.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £144.0M and £10.5M respectively. Big Technologies's EBIT is £12.1M making its interest coverage ratio -3.6. It has cash and short-term investments of £94.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -3.6x |
| Cash | UK£94.76m |
| Equity | UK£133.45m |
| Total liabilities | UK£10.53m |
| Total assets | UK£143.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7I8's short term assets (£111.9M) exceed its short term liabilities (£8.5M).
Long Term Liabilities: 7I8's short term assets (£111.9M) exceed its long term liabilities (£2.0M).
Debt to Equity History and Analysis
Debt Level: 7I8 is debt free.
Reducing Debt: 7I8 has no debt compared to 5 years ago when its debt to equity ratio was 43.9%.
Debt Coverage: 7I8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7I8 has no debt, therefore coverage of interest payments is not a concern.