Tan Delta Systems Balance Sheet Health
Financial Health criteria checks 6/6
Tan Delta Systems has a total shareholder equity of £4.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £5.5M and £565.4K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£4.56m |
Equity | UK£4.92m |
Total liabilities | UK£565.39k |
Total assets | UK£5.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAND's short term assets (£5.2M) exceed its short term liabilities (£493.2K).
Long Term Liabilities: TAND's short term assets (£5.2M) exceed its long term liabilities (£72.2K).
Debt to Equity History and Analysis
Debt Level: TAND is debt free.
Reducing Debt: TAND had no debt 5 years ago.
Debt Coverage: TAND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TAND has no debt, therefore coverage of interest payments is not a concern.