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
Ten Entertainment Group (LON:TEG) Will Pay A Larger Dividend Than Last Year At £0.035
Sep 23
Some Investors May Be Worried About Ten Entertainment Group's (LON:TEG) Returns On Capital
Aug 19At UK£2.45, Is It Time To Put Ten Entertainment Group plc (LON:TEG) On Your Watch List?
Nov 03Returns On Capital At Ten Entertainment Group (LON:TEG) Have Stalled
Sep 26At UK£2.66, Is It Time To Put Ten Entertainment Group plc (LON:TEG) On Your Watch List?
Mar 31Ten Entertainment Group plc's (LON:TEG) Intrinsic Value Is Potentially 40% Above Its Share Price
Jan 13Analysts Just Shipped A Notable Upgrade To Their Ten Entertainment Group plc (LON:TEG) Estimates
Jul 14Analysts Have Just Cut Their Ten Entertainment Group plc (LON:TEG) Revenue Estimates By 19%
Apr 03Ten Entertainment Group plc (LON:TEG) Just Released Its Annual Earnings: Here's What Analysts Think
Apr 01Is Ten Entertainment Group (LON:TEG) Weighed On By Its Debt Load?
Mar 31Would Shareholders Who Purchased Ten Entertainment Group's (LON:TEG) Stock Year Be Happy With The Share price Today?
Mar 03What Does The Future Hold For Ten Entertainment Group plc (LON:TEG)? These Analysts Have Been Cutting Their Estimates
Jan 23Did Ten Entertainment Group plc (LON:TEG) Insiders Buy Up More Shares?
Jan 13What Do The Returns On Capital At Ten Entertainment Group (LON:TEG) Tell Us?
Dec 09
Financial Position Analysis
Short Term Liabilities: TEG's short term assets (£9.9M) do not cover its short term liabilities (£19.7M).
Long Term Liabilities: TEG's short term assets (£9.9M) do not cover its long term liabilities (£198.8M).
Debt to Equity History and Analysis
Debt Level: TEG is debt free.
Reducing Debt: TEG has no debt compared to 5 years ago when its debt to equity ratio was 19.5%.
Debt Coverage: TEG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TEG has no debt, therefore coverage of interest payments is not a concern.