Skillcast Group Balance Sheet Health
Financial Health criteria checks 6/6
Skillcast Group has a total shareholder equity of £5.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £13.3M and £7.5M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£8.35m |
| Equity | UK£5.72m |
| Total liabilities | UK£7.54m |
| Total assets | UK£13.26m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SKL's short term assets (£12.5M) exceed its short term liabilities (£7.3M).
Long Term Liabilities: SKL's short term assets (£12.5M) exceed its long term liabilities (£262.6K).
Debt to Equity History and Analysis
Debt Level: SKL is debt free.
Reducing Debt: SKL has no debt compared to 5 years ago when its debt to equity ratio was 9.4%.
Debt Coverage: SKL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SKL has no debt, therefore coverage of interest payments is not a concern.