Concurrent Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Concurrent Technologies has a total shareholder equity of £35.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £47.8M and £12.8M respectively. Concurrent Technologies's EBIT is £4.0M making its interest coverage ratio 222. It has cash and short-term investments of £11.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 222x |
| Cash | UK£11.12m |
| Equity | UK£35.04m |
| Total liabilities | UK£12.79m |
| Total assets | UK£47.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FJV's short term assets (£31.0M) exceed its short term liabilities (£9.7M).
Long Term Liabilities: FJV's short term assets (£31.0M) exceed its long term liabilities (£3.1M).
Debt to Equity History and Analysis
Debt Level: FJV is debt free.
Reducing Debt: FJV has not had any debt for past 5 years.
Debt Coverage: FJV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FJV has no debt, therefore coverage of interest payments is not a concern.