Doric Nimrod Air Three Balance Sheet Health
Financial Health criteria checks 4/6
Doric Nimrod Air Three has a total shareholder equity of £99.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £182.0M and £82.8M respectively. Doric Nimrod Air Three's EBIT is £45.9M making its interest coverage ratio 1550.1. It has cash and short-term investments of £14.6M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 1550.1x |
| Cash | UK£14.59m |
| Equity | UK£99.18m |
| Total liabilities | UK£82.84m |
| Total assets | UK£182.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DNA3's short term assets (£14.7M) do not cover its short term liabilities (£51.9M).
Long Term Liabilities: DNA3's short term assets (£14.7M) do not cover its long term liabilities (£30.9M).
Debt to Equity History and Analysis
Debt Level: DNA3 is debt free.
Reducing Debt: DNA3 has no debt compared to 5 years ago when its debt to equity ratio was 126.1%.
Debt Coverage: DNA3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DNA3 has no debt, therefore coverage of interest payments is not a concern.