Manolete Partners Balance Sheet Health

Financial Health criteria checks 5/6

Manolete Partners has a total shareholder equity of £39.8M and total debt of £12.9M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are £65.3M and £25.5M respectively. Manolete Partners's EBIT is £3.7M making its interest coverage ratio 5.4. It has cash and short-term investments of £26.9M.

Key information

32.5%

Debt to equity ratio

UK£12.93m

Debt

Interest coverage ratio5.4x
CashUK£26.85m
EquityUK£39.83m
Total liabilitiesUK£25.47m
Total assetsUK£65.30m

Recent financial health updates

No updates

Recent updates

Some Confidence Is Lacking In Manolete Partners Plc's (LON:MANO) P/S

Jan 22
Some Confidence Is Lacking In Manolete Partners Plc's (LON:MANO) P/S

Manolete Partners (LON:MANO) Is Reducing Its Dividend To UK£0.01

Aug 27
Manolete Partners (LON:MANO) Is Reducing Its Dividend To UK£0.01

Manolete Partners' (LON:MANO) Dividend Is Being Reduced To UK£0.01

Jun 27
Manolete Partners' (LON:MANO) Dividend Is Being Reduced To UK£0.01

Should You Buy Manolete Partners Plc (LON:MANO) For Its Dividend?

May 04
Should You Buy Manolete Partners Plc (LON:MANO) For Its Dividend?

Can You Imagine How Manolete Partners' (LON:MANO) Shareholders Feel About The 17% Share Price Increase?

Mar 19
Can You Imagine How Manolete Partners' (LON:MANO) Shareholders Feel About The 17% Share Price Increase?

Don't Ignore The Fact That This Insider Just Sold Some Shares In Manolete Partners Plc (LON:MANO)

Feb 11
Don't Ignore The Fact That This Insider Just Sold Some Shares In Manolete Partners Plc (LON:MANO)

Does Manolete Partners Plc (LON:MANO) Have A Place In Your Dividend Portfolio?

Dec 30
Does Manolete Partners Plc (LON:MANO) Have A Place In Your Dividend Portfolio?

Financial Position Analysis

Short Term Liabilities: MANO's short term assets (£40.0M) exceed its short term liabilities (£5.5M).

Long Term Liabilities: MANO's short term assets (£40.0M) exceed its long term liabilities (£19.9M).


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 reduced from 43.3% to 32.5% 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 (5.4x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.