Hydro Hotel Eastbourne Balance Sheet Health
Financial Health criteria checks 6/6
Hydro Hotel Eastbourne has a total shareholder equity of £3.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.8M and £1.0M respectively. Hydro Hotel Eastbourne's EBIT is £259.6K making its interest coverage ratio -5.1. It has cash and short-term investments of £2.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | -5.1x |
Cash | UK£2.09m |
Equity | UK£3.82m |
Total liabilities | UK£1.03m |
Total assets | UK£4.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYDP's short term assets (£2.3M) exceed its short term liabilities (£879.6K).
Long Term Liabilities: HYDP's short term assets (£2.3M) exceed its long term liabilities (£148.6K).
Debt to Equity History and Analysis
Debt Level: HYDP is debt free.
Reducing Debt: HYDP had no debt 5 years ago.
Debt Coverage: HYDP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HYDP has no debt, therefore coverage of interest payments is not a concern.