AdvancedAdvT Balance Sheet Health
Financial Health criteria checks 6/6
AdvancedAdvT has a total shareholder equity of £126.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £151.4M and £25.1M respectively. AdvancedAdvT's EBIT is £92.9K making its interest coverage ratio -0. It has cash and short-term investments of £78.7M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -0.02x |
| Cash | UK£78.74m |
| Equity | UK£126.32m |
| Total liabilities | UK£25.09m |
| Total assets | UK£151.41m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADVT's short term assets (£87.0M) exceed its short term liabilities (£22.1M).
Long Term Liabilities: ADVT's short term assets (£87.0M) exceed its long term liabilities (£3.0M).
Debt to Equity History and Analysis
Debt Level: ADVT is debt free.
Reducing Debt: ADVT has not had any debt for past 5 years.
Debt Coverage: ADVT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ADVT has no debt, therefore coverage of interest payments is not a concern.