Mears Group Financial Health
How is Mears Group's financial position?
[object Object] Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MER's short term assets (£259.7M) exceed its short term liabilities (£248.7M).
Long Term Liabilities: MER's short term assets (£259.7M) exceed its long term liabilities (£194.5M).
Debt to Equity History and Analysis
Debt Level: MER is debt free.
Reducing Debt: MER has no debt compared to 5 years ago when its debt to equity ratio was 47.2%.
Debt Coverage: MER has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MER has no debt, therefore coverage of interest payments is not a concern.