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ThinkSmart Balance Sheet Health
Financial Health criteria checks 6/6
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£36.84m |
| Equity | UK£36.99m |
| Total liabilities | UK£1.30m |
| Total assets | UK£38.29m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TSL's short term assets (£38.0M) exceed its short term liabilities (£1.3M).
Long Term Liabilities: TSL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TSL is debt free.
Reducing Debt: TSL has no debt compared to 5 years ago when its debt to equity ratio was 10.7%.
Debt Coverage: TSL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TSL has no debt, therefore coverage of interest payments is not a concern.