Field Systems Designs Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Field Systems Designs Holdings has a total shareholder equity of £2.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £8.3M and £6.0M respectively. Field Systems Designs Holdings's EBIT is £304.0K making its interest coverage ratio -12.4. It has cash and short-term investments of £2.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -12.4x |
| Cash | UK£2.18m |
| Equity | UK£2.31m |
| Total liabilities | UK£5.96m |
| Total assets | UK£8.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSD's short term assets (£7.8M) exceed its short term liabilities (£6.0M).
Long Term Liabilities: FSD's short term assets (£7.8M) exceed its long term liabilities (£2.0K).
Debt to Equity History and Analysis
Debt Level: FSD is debt free.
Reducing Debt: FSD had no debt 5 years ago.
Debt Coverage: FSD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FSD has no debt, therefore coverage of interest payments is not a concern.