Manolete Partners Balance Sheet Health
Financial Health criteria checks 4/6
Manolete Partners has a total shareholder equity of £40.5M and total debt of £13.7M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are £71.9M and £31.4M respectively. Manolete Partners's EBIT is £2.5M making its interest coverage ratio 13.9. It has cash and short-term investments of £30.4M.
Key information
33.9%
Debt to equity ratio
UK£13.73m
Debt
| Interest coverage ratio | 13.9x |
| Cash | UK£30.36m |
| Equity | UK£40.47m |
| Total liabilities | UK£31.40m |
| Total assets | UK£71.87m |
Recent financial health updates
No updates
Recent updates
Little Excitement Around Manolete Partners Plc's (LON:MANO) Revenues As Shares Take 27% Pounding
Sep 26
Manolete Partners Plc (LON:MANO) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Apr 25Some Confidence Is Lacking In Manolete Partners Plc's (LON:MANO) P/S
Jan 22Manolete Partners (LON:MANO) Is Reducing Its Dividend To UK£0.01
Aug 27Manolete Partners' (LON:MANO) Dividend Is Being Reduced To UK£0.01
Jun 27Should You Buy Manolete Partners Plc (LON:MANO) For Its Dividend?
May 04Can You Imagine How Manolete Partners' (LON:MANO) Shareholders Feel About The 17% Share Price Increase?
Mar 19Don't Ignore The Fact That This Insider Just Sold Some Shares In Manolete Partners Plc (LON:MANO)
Feb 11
Does Manolete Partners Plc (LON:MANO) Have A Place In Your Dividend Portfolio?
Dec 30Financial Position Analysis
Short Term Liabilities: MANO's short term assets (£45.4M) exceed its short term liabilities (£9.2M).
Long Term Liabilities: MANO's short term assets (£45.4M) exceed its long term liabilities (£22.2M).
Debt to Equity History and Analysis
Debt Level: MANO has more cash than its total debt.
Reducing Debt: MANO's debt to equity ratio has increased from 0% to 33.9% over the past 5 years.
Debt Coverage: MANO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MANO's interest payments on its debt are well covered by EBIT (13.9x coverage).