AssetCo Balance Sheet Health
Financial Health criteria checks 6/6
AssetCo has a total shareholder equity of £53.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £72.3M and £18.4M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£25.59m |
| Equity | UK£53.94m |
| Total liabilities | UK£18.36m |
| Total assets | UK£72.30m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ASTO's short term assets (£32.6M) exceed its short term liabilities (£16.5M).
Long Term Liabilities: ASTO's short term assets (£32.6M) exceed its long term liabilities (£1.9M).
Debt to Equity History and Analysis
Debt Level: ASTO is debt free.
Reducing Debt: ASTO had no debt 5 years ago.
Debt Coverage: ASTO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASTO has no debt, therefore coverage of interest payments is not a concern.