Blackfinch Spring VCT Balance Sheet Health
Financial Health criteria checks 6/6
Blackfinch Spring VCT has a total shareholder equity of £25.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £25.6M and £267.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£3.93m |
Equity | UK£25.36m |
Total liabilities | UK£267.00k |
Total assets | UK£25.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BFSP's short term assets (£3.9M) exceed its short term liabilities (£267.0K).
Long Term Liabilities: BFSP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BFSP is debt free.
Reducing Debt: BFSP has not had any debt for past 5 years.
Debt Coverage: BFSP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BFSP has no debt, therefore coverage of interest payments is not a concern.