Ashmore Group Balance Sheet Health
Financial Health criteria checks 6/6
Ashmore Group has a total shareholder equity of £890.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £979.7M and £88.9M respectively. Ashmore Group's EBIT is £71.9M making its interest coverage ratio -1.9. It has cash and short-term investments of £745.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -1.9x |
| Cash | UK£745.50m |
| Equity | UK£890.80m |
| Total liabilities | UK£88.90m |
| Total assets | UK£979.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASHML's short term assets (£806.0M) exceed its short term liabilities (£75.5M).
Long Term Liabilities: ASHML's short term assets (£806.0M) exceed its long term liabilities (£13.4M).
Debt to Equity History and Analysis
Debt Level: ASHML is debt free.
Reducing Debt: ASHML has not had any debt for past 5 years.
Debt Coverage: ASHML has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASHML has no debt, therefore coverage of interest payments is not a concern.