Hydro Hotel Eastbourne Balance Sheet Health
Financial Health criteria checks 6/6
Hydro Hotel Eastbourne has a total shareholder equity of £3.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.6M and £881.4K respectively. Hydro Hotel Eastbourne's EBIT is £340.4K making its interest coverage ratio -5.3. It has cash and short-term investments of £1.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -5.3x |
| Cash | UK£1.83m |
| Equity | UK£3.67m |
| Total liabilities | UK£881.42k |
| Total assets | UK£4.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYDP's short term assets (£2.0M) exceed its short term liabilities (£732.9K).
Long Term Liabilities: HYDP's short term assets (£2.0M) 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.