Ten Entertainment Group Balance Sheet Health
Financial Health criteria checks 4/6
Ten Entertainment Group has a total shareholder equity of £67.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £285.4M and £218.4M respectively. Ten Entertainment Group's EBIT is £33.0M making its interest coverage ratio 4.6. It has cash and short-term investments of £5.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 4.6x |
| Cash | UK£5.14m |
| Equity | UK£66.99m |
| Total liabilities | UK£218.45m |
| Total assets | UK£285.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEGL's short term assets (£9.9M) do not cover its short term liabilities (£19.7M).
Long Term Liabilities: TEGL's short term assets (£9.9M) do not cover its long term liabilities (£198.8M).
Debt to Equity History and Analysis
Debt Level: TEGL is debt free.
Reducing Debt: TEGL has no debt compared to 5 years ago when its debt to equity ratio was 19.5%.
Debt Coverage: TEGL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TEGL has no debt, therefore coverage of interest payments is not a concern.