British Smaller Companies VCT 2 Balance Sheet Health
Financial Health criteria checks 6/6
British Smaller Companies VCT 2 has a total shareholder equity of £135.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £137.5M and £1.8M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£39.07m |
Equity | UK£135.62m |
Total liabilities | UK£1.84m |
Total assets | UK£137.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSC's short term assets (£39.5M) exceed its short term liabilities (£1.8M).
Long Term Liabilities: BSC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BSC is debt free.
Reducing Debt: BSC has not had any debt for past 5 years.
Debt Coverage: BSC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BSC has no debt, therefore coverage of interest payments is not a concern.